{"id":680914,"date":"2026-11-04T11:44:30","date_gmt":"2026-11-04T11:44:30","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/11\/04\/binance-hack-may-be-temporary-setback-for-crypto-grayscales-pandl-says\/"},"modified":"2026-11-04T11:44:30","modified_gmt":"2026-11-04T11:44:30","slug":"binance-hack-may-be-temporary-setback-for-crypto-grayscales-pandl-says","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/11\/04\/binance-hack-may-be-temporary-setback-for-crypto-grayscales-pandl-says\/","title":{"rendered":"Binance hack may be \u2018temporary setback\u2019 for crypto, Grayscale\u2019s Pandl says"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/11\/01M6JYK2EH5NQHTWBFQ5A01VV5\/hi-biggest-disappointments-in-crypto-in-2021.jpg\" alt=\"Binance hack may be \u2018temporary setback\u2019 for crypto, Grayscale\u2019s Pandl says\" class=\"type:primaryImage\" \/><\/p>\n<p>Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.<\/p>\n<p>Binance\u2019s $6.3 billion hack could temporarily hurt confidence in crypto markets but would ultimately lead to stronger security practices across exchanges, according to Grayscale.<\/p>\n<p>\u201cIt also underscores the importance of institutional custody, such as offered by US-based crypto [exchange-traded products],\u201d said Grayscale\u2019s head of research, Zach Pandl, in a Tuesday <a href=\"https:\/\/www.grayscale.com\/the-stack\/what-does-the-binance-hack-mean-to-us-crypto-investors\" rel=\"noopener noreferrer\" target=\"_blank\"><span>report<\/span><\/a>. <\/p>\n<p>\u201cThese vehicles hold their assets at state-chartered banks and qualified custodians, typically offering offline storage, multi-signature wallets, SOC attestations and insurance policies,\u201d he added.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/markets\/crypto-market-recovery-grayscale-binance-hack-temporary-setback\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack. Binance\u2019s $6.3 billion hack could temporarily hurt confidence in crypto markets but would ultimately lead to stronger security practices across exchanges, according to Grayscale. \u201cIt also underscores the importance of institutional custody, such as offered by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":680915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-680914","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/680914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=680914"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/680914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/680915"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=680914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=680914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=680914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}