Bitwise: Managing the treasury with no Binance exposure, collateral assets remain unaffected

Bitwise DeFi Strategy Director Jonathan Man stated that the treasury managed by Bitwise has no exposure to Binance and has confirmed that the collateral assets used in its management strategy have not been affected.

Jonathan Man also mentioned that DeFi seems relatively unscathed, but currently, funds are flowing into safe assets, and liquidity is tight in many major lending markets. Bitwise will continue to monitor the situation. On the same day, Binance's hot wallet was hacked.