Cointelegraph reports that the recent Binance hack, which resulted in a loss of $6.3 billion, may only be a "temporary setback" for the cryptocurrency market, according to Grayscale's Zach Pandl. He emphasized the importance of institutional custody safeguards as the market begins to recover from the incident.
Based on the Cointelegraph report; not independently verified.
Source published: Wed, 04 Nov 2026 11:11:57 +0000
[Read the original report](https://cointelegraph.com/markets/crypto-market-recovery-grayscale-binance-hack-temporary-setback?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
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