Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says

- Binance just got looted for $6.3 billion, and Grayscale’s Zach Pandl is busy telling us it’s a “temporary setback.” Because nothing says stability like losing half the exchange’s liquidity. While moonboys panic-sell their meat wallets, institutional custody safeguards apparently held the line. It’s not theft; it’s aggressive attention redistribution by some digital terrorist with a grudge against centralized control. The market recovered because big players trust cold storage over hype, unlike the rest of you relying on faith and fiber-optics. This isn’t a crisis; it’s a stress test we all failed except the suits. Where's my cut? I expect 0.1% for witnessing this farce.