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Users place trust in Binance after recent issue, Hunter Horsley notes

Users place trust in Binance after recent issue, Hunter Horsley notes
Users continue deposits after Binance incident

Users continued to make net deposits to Binance just days after an incident impacted the platform.

Hunter Horsley, CEO and co-founder of Bitwise Asset Management, commented on the situation, noting that users appear to have a lot of trust in Binance, possibly due to how the exchange handled the exploit.

Bitwise CEO Hunter Horsley has previously addressed regulatory developments, submitting comments to the SEC on proposed crypto asset rules in recent discussions. Earlier this year, Horsley also highlighted the launch day volume of the Bitwise Hyperliquid ETF, which saw over $40 million traded within its first three hours, according to company data. These developments underscore Horsley’s ongoing engagement in both market structure and regulatory matters.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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