SECURITYCOINTELEGRAPH
DeFi hacks shake institutional confidence as risks outpace yields
Institutional investors are losing confidence in DeFi due to repeated bridge exploits and declining yields that no longer justify the associated risks. Symbiotic's Putiatin highlights the growing concern that DeFi returns are becoming insufficient to offset security vulnerabilities and potential losses.
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Adjacent reporting
- DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says
- JPMorgan says DeFi exploits and stagnant TVL continue to limit institutional appeal
- Crypto users are choosing juicy yields over protection, putting billions at risk of hacks
- Syndicate suffers exploit linked to Commons bridge compromise; SYND slides 36%
- The $292M crypto hack exposed DeFi's weak spots. Here’s what must change, insiders say
- JPMorgan says persistent security flaws curb DeFi’s institutional appeal