As Wall Street moves onchain, the year's biggest crypto hack and DeFi crisis is forcing a rethink of risk, security and market structure, industry insiders told CoinDesk. A $292 million exploit of Kelp DAO rattled crypto lending markets but is seen by industry insiders as a temporary setback rather than a fundamental barrier to institutional adoption of DeFi. Wall Street firms including Apollo Global Management and BlackRock are continuing to push into onchain finance, increasing pressure…
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