Deep Tide TechFlow News, April 22 — According to a report by Jefferies cited by Bloomberg, a hacking attack last weekend caused a small crypto project to lose nearly $300 million and triggered approximately $10 billion in funds to flow out of the largest decentralized lending platform, potentially cooling Wall Street's interest in blockchain technology. Andrew Moss, a member of Jefferies' digital asset research team, pointed out that banks, asset management firms, and payment companies have been developing products based on similar technological systems over the past year, and this attack, allegedly exploited by North Korean hackers, may cause traditional financial institutions to pause their related initiatives and reassess risks.