A Decade Ago, a $6.3 Billion Hack Would Have Sunk Binance & BTC, Bitwise CIO Says
· security · Sentiment: bearish
A Bitwise CIO statement notes that a $6.3 billion hack a decade ago would have sunk Binance and Bitcoin. This reflects on the scale of potential losses in earlier market conditions. Bitcoin has since demonstrated greater capacity to absorb major events. The observation points to increased maturity in the Bitcoin ecosystem. Overall consensus highlights resilience compared to prior years.