Worried About Crypto Hacks? Buy Bitcoin Proxies in Stock Market Instead, Say Wall Street Firms
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.
Related market data
- BTC: price 76,965, 24h -4.28%, funding 0.0013%/h, OI $3.29B
- NOT: price 0.0003590, 24h -6.27%, funding 0.0013%/h, OI $212.3K
Read the full story at decrypt.co: https://decrypt.co/382282/crypto-hacks-buy-bitcoin-proxies-stock-market-wall-street