[State Street Bank: Recent DeFi Attacks Highlight Blockchain Security Needs, Institutions Expect Improvements] According to CoinDesk, Angus Fletcher, Head of Digital Assets at State Street Bank, stated at the Consensus Miami conference that in light of the recent surge in DeFi attack incidents, institutional investors are hoping for improvements in blockchain security performance. He pointed out that before trillions of dollars in real-world assets can be tokenized on-chain, the young crypto industry needs to find solutions now. Fletcher believes that interoperability between blockchains needs to be clearly defined and understood, and institutional clients need clarity on the legal ownership and rights of cross-chain tokens. Dennis Bree, Head of Institutions at Morpho, noted that April might be the month with the highest number of hacker attacks in DeFi history, and regulators are conducting more due diligence on the security of collateralized assets.