SECURITYCOINDESK
DeFi won't win over big banks until it fixes its hacking problem, executives say
DeFi is struggling to gain acceptance from big banks due to ongoing hacking issues, according to executives. The problem is seen as a major barrier to DeFi's success in the financial sector.
Related Signal
Adjacent reporting
- Treasury Secretary Bessent warns Americans about AI-driven bank account hacks as threats rapidly evolve
- JPMorgan says persistent security flaws curb DeFi’s institutional appeal
- Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain
- Crypto's massive exploit may force big banks to rethink their blockchain plans, Jefferies warns
- Crime increasingly a ‘serious barrier’ to UK growth, say business leaders
- Kelp DAO exploit may force big banks to rethink their blockchain plans, Jefferies warns