BroadChain has learned that at 19:46 on April 22, a recent hacking incident has impacted the crypto space, resulting in a project losing nearly $300 million and triggering an outflow of approximately $10 billion from the largest decentralized lending platform. In a report, Jefferies noted that this event could dampen Wall Street's interest in blockchain technology. The report was authored by Andrew Moss, a member of Jefferies' digital asset research team.
The report suggests that over the past year, banks, asset management firms, and payment companies have been developing products based on similar technological systems. However, this attack, allegedly carried out by North Korean hackers, may prompt traditional financial institutions to pause their related initiatives and reassess the risks they face.