NH Investment & Securities analyst Hong Seong-wook cautioned in a report dated April 30 that ongoing security breaches could undermine confidence in decentralized finance (DeFi). According to NS3.AI, Hong suggested that DeFi projects might need to collaborate with traditional financial institutions to enhance security and compliance measures, or potentially face acquisition by these firms, as the tokenization of real-world assets (RWA) expands. Original and detailed news is here: Read More