[Bitwise CIO: Binance's $6.3 Billion Hack Won't Change Bitcoin's Long-Term Trend, But Short-Term ETF Fund Flows Remain to be Observed] According to a report by BeInCrypto on November 2nd, Bitwise Chief Investment Officer Matt Hougan stated that if a similar $6.3 billion hack had occurred ten years ago, it would have been enough to bankrupt Binance. However, this is a traditional cybersecurity incident, not a vulnerability in the Bitcoin blockchain itself, and therefore will not change Bitcoin's long-term trend.