Even though there were overwhelming news headlines, there hasn’t been any major impact on the crypto markets. Some major firms have introduced quantitative and crypto-related strategies, while companies like Citadel Securities have helped with liquidity across financial markets. Why crypto sits inside the blast radiusBecause cybercrime often intersects with crypto, crypto investors are paying attention. Furthermore, it has not been indicated whether crypto exchanges, crypto custodians or blockchain infrastructure providers had been compromised. Situation can be much worse for crypto firms because they do not have many cyber insurance options.