JPMorgan (JPM) says persistent security flaws curb DeFi’s institutional appeal
Persistent security vulnerabilities and stagnant total value locked (TVL) are weighing on decentralized finance’s (DeFi) institutional appeal, according to Wall Street investment bank JPMorgan (JPM). TVL refers to the total value of crypto assets deposited in DeFi protocols, and is commonly used as a gauge of the size, usage and overall health of the ecosystem….