CryptoDecryptabout 2 hours ago
Wall Street Firms Advise Buying Crypto Proxies
2 min read
Cantor Fitzgerald, TD Cowen, and Compass Point advised clients on Friday to buy crypto-linked stocks after the roughly $6.3 billion Binance hack. Analysts argued the incident exposed security flaws at the exchange rather than Bitcoin itself, noting that stablecoin issuers froze roughly $3 billion of stolen funds.
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