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Bitwise CIO: The Binance hack incident will not alter Bitcoin’s long-term trajectory, as the industry’s maturity is vastly different from what it was in the past.

1 hours ago

Bitwise Chief Investment Officer Matt Hougan commented on Binance’s roughly $6.3 billion security incident, noting that had the event occurred a decade ago, it would have been enough to bring down Binance and even Bitcoin. However, times have changed, and this incident will not alter Bitcoin’s long-term direction. Binance and its partners have frozen approximately half of the stolen assets, a move that also reflects the rising maturity of the crypto industry.

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Mysterious Whale Deposits 1.49M $SOL ($148.77M) to Exchanges in 10 Days

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