Crypto's massive exploit may force big banks to rethink their blockchain plans, Jefferies warns

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CoinDesk - All News 2 days ago • coindesk.com

Crypto's massive exploit may force big banks to rethink their blockchain plans, Jefferies warns

The $293 million Kelp DAO exploit has exposed critical infrastructure risks, leading Jefferies to suggest that traditional financial firms may pause their blockchain initiatives to prioritize security.

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