US EditionJPMorgan (JPM) says persistent security flaws curb DeFi’s institutional appeal
5 Articles
5 Articles
JPMorgan: DeFi hacks and flat TVL sour institutional appetite
JPMorgan says repeated DeFi hacks, a $20B TVL drop after Kelp’s rsETH exploit, and flat ETH‑denominated TVL are souring institutional appetite for onchain lending and yield. JPMorgan analysts told The Block that “frequent security incidents in DeFi and the stagnation…
The bank notes that recent attacks and a lack of real growth are limiting institutional adoption of the decentralized finance ecosystem. Read more
JPMorgan argues that security flaws remain one of the biggest obstacles for institutions to adopt decentralised finance. The bank highlighted KelpDAO's exploit, which would have wiped out nearly $20 billion in TVL, as proof that DeFi's interconnection still amplifies systemic risks. *** JPMorgan stated that TVL's hacks and stagnation continue to weaken DeFi's institutional appeal. KelpDAO's exploit exposed the fragility of cross-chain bridges fo…
JPMorgan warns $20B wiped from DeFi, investors shift to USDT
🚨 $20 billion in DeFi assets disappeared after a cyberattack. Major investors are moving funds from DeFi to USDT for safety. 🔑 Critical data: Bad debt in $USDT is reshaping risk strategies. Continue Reading:JPMorgan warns $20B wiped from DeFi, investors shift to USDT The post JPMorga...
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