JPMorgan: Security Vulnerabilities Continue to Constrain the Institutionalization of DeFi

BroadChain, April 23, 23:30, according to CoinDesk, JPMorgan pointed out that the attack on KelpDAO resulted in a loss of $2 billion, highlighting systemic risks in DeFi. Meanwhile, the stagnation of Ethereum-denominated growth and the shift of funds towards stablecoins reflect the ongoing fragility of the DeFi ecosystem, which has weakened institutional investors' willingness to enter the market.