CryptoWorld News reports that CoinDesk coverage states Wall Street is facing the challenge of bringing trillions of dollars of assets onto the blockchain. Ronghui Gu, CEO of blockchain security company Certik, said that although traditional financial institutions want to transfer assets onto the blockchain, hacking attacks and vulnerability risks are holding them back. Gu pointed out that more and more institutions hope to bring trillions of dollars of assets onto the chain within the next decade, but the current operational reality remains too risky for conservative capital allocators. Gu also mentioned that Certik detected hacking attacks almost daily in April, making April the worst month in the past four years, mainly due to AI-driven attacks. Gu believes that hackers, leveraging unlimited resources, focus on high-value protocols, and are economically incentivized to invest large amounts of capital into attacks.

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Salt-BakedSentimentChart
· 15h ago
Trillions in assets want to go on the blockchain; if the security hurdle can't be overcome, it's just empty talk.
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CandleSitter
· 15h ago
Conservative capital allocators → Translation: Money people are timid
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MemeFisher
· 15h ago
Strong willingness to go on-chain, weak security infrastructure, awkward.
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TableNextToJupiter
· 15h ago
How can defenders keep up with the iteration speed of AI-driven attacks?
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Half-SectionSucculent
· 15h ago
Ronghui Gu has put out these figures—now even Wall Street doesn’t dare to make a move.
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ThePatienceRequiredFor
· 16h ago
Certik detected attacks almost every day in April; who can withstand that?
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PerpWhisperer
· 16h ago
The temptation of trillions of dollars vs the reality of being hacked every day
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