Bitwise CIO Says Binance Hack Will Not Alter Bitcoin’s Long-Term Direction

Bitwise Chief Investment Officer Matt Hougan said a Binance security incident would not change Bitcoin’s long-term direction, according to BlockBeats.

Hougan’s assessment

BlockBeats reported that Hougan contrasted the current industry with a decade ago, when he said a similar event could have brought down Binance and Bitcoin. The flash also said Binance and its partners had frozen about half of the stolen assets. These are Hougan’s assessments as reported by BlockBeats, not an independent forecast.

Source: BlockBeats English flash, published Nov. 2, 2026.