According to a report from Jefferies LLC cited by Bloomberg, a nearly $300 million hack targeting small crypto projects over the weekend, along with the subsequent $10 billion liquidity crunch on the largest decentralized lending platform, could dampen Wall Street's interest in blockchain technology. Andrew Moss, an analyst from Jefferies' digital asset research team, pointed out that over the past year, banks, asset management firms, and payment institutions have been developing blockchain products similar to the systems exploited by North Korean hackers in this incident. The report suggests that while such events are unlikely to directly impact traditional financial markets, it warns that traditional financial institutions may pause related initiatives and reassess risks before further advancing their blockchain ventures. https://www.(wublock123.com)/news/news-59939