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Wall Street Downplays Binance Hack as Bitwise Sees “Recovery In a Week”

Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief i...

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Wall Street Downplays Binance Hack as Bitwise Sees “Recovery In a Week”
Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief investment officer at crypto asset manager Bitwise, played down the damage, stating: This hack has not changed anything […]

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Binance is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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