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JPMorgan Warns Security Flaws Hurt DeFi Growth Prospects

By Maxwell Mutuma at 2026-04-23 11:51

Sentiment: Negative

TLDR JPMorgan said persistent security flaws continue to limit DeFi’s institutional appeal. The KelpDAO exploit erased about $20 billion in total value locked within days. An attacker minted $292 million in unbacked rsETH and left nearly $200 million in bad debt. JPMorgan reported that hack losses this year are tracking 2025 levels. The bank said [...] The post JPMorgan Warns Security Flaws Hurt DeFi Growth Prospects appeared first on CoinCentral. Continue reading...

Categories: DeFi

Tags: #DeFi #defi #JPMorgan #KelpDAO

Source Coin Central