---
title: "Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says"
url: https://thecoingazette.com/binance-hack-may-be-temporary-setback-for-crypto-grayscales-pandl-says/
date: 2026-11-04
modified: 2026-11-04
lang: en
author: "Coin Gazette Editorial"
description: "Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 19
---

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

Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.