$BNB - Binance hack would have sunk the platform a decade ago, says Bitwise CIO
Bitwise CIO Matt Hougan referenced a 6.3 billion hack that occurred ten years ago.
The breach would have crippled Binance and caused a short‑term dip in Bitcoin.
The observation was reported by BeInCrypto.
His remarks underline how Binance's expanded security and deeper liquidity now buffer such shocks, though the precise effect on BTC's long‑term trajectory remains unclear.
$BTC
#Bitcoin #BTC
Bitwise CIO Matt Hougan referenced a 6.3 billion hack that occurred ten years ago.
The breach would have crippled Binance and caused a short‑term dip in Bitcoin.
The observation was reported by BeInCrypto.
His remarks underline how Binance's expanded security and deeper liquidity now buffer such shocks, though the precise effect on BTC's long‑term trajectory remains unclear.
$BTC
#Bitcoin #BTC