✉news BusinessCrypto first seen 12 d ago, last 12 d ago, peak #19
Bitwise CIO: $6.3 Billion Hack Would Have Sunk Binance a Decade Ago
Original: A Decade Ago, a $6.3 Billion Hack Would Have Sunk Binance & BTC, Bitwise CIO Says
Bitwise chief investment officer Matt Hougan says a $6.3 billion hack would have been fatal for Binance and Bitcoin a decade ago, arguing that the crypto industry's resilience has grown enormously since its early days. His comments highlight how far exchange security, market depth and investor confidence have come, drawing attention as debates over exchange safety and the sector's maturity continue.
Why now: Renewed concerns over crypto exchange security and market resilience are prompting reflection on how the industry has matured.
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