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Crypto

Grayscale Emphasizes the Importance of Institutional Custody Amid Binance's Massive Outflow

2026/11/04 20:30(Updated 2026/11/04 14:35)

CoinPost

Written by CoinPost Editorial Department

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Grayscale Emphasizes the Importance of Institutional Custody Amid Binance's Massive Outflow

Insights on the Binance Outflow

On the 3rd, Grayscale, a major U.S. asset management firm, released a report analyzing the implications of the large-scale hacking incident at the cryptocurrency exchange Binance for U.S. investors. The report was authored by the company's Head of Research, Zach Pandl.

Pandl acknowledged that the incident could temporarily undermine market confidence. However, he emphasized that ultimately, the security measures across exchanges...

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