Dovey Wan, a prominent crypto investor and analyst, has argued that “the fact … a top exchange was hacked [recently] did not affect the crypto market” could mean that the evolving digital asset ecosystem is now “more robust” than it was during the “Mt. Gox age.” Wan, a partner at Primitive Ventures, a team of “market cycle agnostic” crypto investors who’ve invested an undisclosed amount in Zcash (ZEC) and Dfinity (“the world computer”), believes that security breaches of small or medium-sized exchanges may not necessarily have an adverse effect on cryptocurrency price or investor sentiment, in general.
