With authorities identifying North Korean hackers to be behind multiple recent cryptocurrency hackings, the totalitarian communist state is now thought to have a bigger bitcoin stash than any other nation in the world besides the United States and the United Kingdom. Binance News, a news platform of global cryptocurrency exchange business firm Binance, recently reported that North Korea's allegedly state-run hacker syndicates are believed to have accumulated 13,562 BTC, valued at $1.14 billion.

If confirmed, North Korea’s bitcoin reserve will be only behind US’ 198,109 BTC and the UK’s 61,245 BTC, according to the Binance’s estimates. It would be more than 10,635 BTC of Bhutan and El Salvador’s 6,117 BTC.