Trillions of assets want to get on-chain, AI hackers are stirring up trouble every day, and institutions are probably going to need to make sure they buy themselves some insurance first.

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CoinNetwork
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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