Cantor and other Wall Street institutions: After the Binance hack, the cryptocurrency stocks that have pulled back can be bought

According to Decrypt, Cantor Fitzgerald analysts believe that the market correction following the Binance hack provides a buying opportunity, and they expect the stock prices of Coinbase, Robinhood, and Strategy to rebound after the panic subsides.

TD Cowen believes that this attack exposes Binance's own security vulnerabilities rather than issues with Bitcoin's underlying technology, and views the correction as an opportunity to increase holdings in Bitcoin and publicly listed companies.

Compass Point stated that Binance's liquidity is sufficient to cover the losses, but customer compensation may put pressure on the supply of stablecoins, with Coinbase and Hyperliquid potentially taking on some of the business.

Moody's pointed out that this incident highlights the cybersecurity risks of hot wallets and the concentration risk of large centralized intermediaries.