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ChainCatcher news, according to The Block, JPMorgan analysts stated that the frequent DeFi security incidents and the stagnation of total locked value (TVL) growth denominated in ETH continue to limit institutional interest in DeFi. The report says that a recent cross-chain bridge attack related to Kelp DAO caused about $20 billion of DeFi TVL to evaporate within a few days. The attacker minted approximately $292 million of unsecured rsETH and then used Aave to pledge and borrow actual ETH, resulting in about $230 million in bad debt. JPMorgan also noted that after security incidents, users tend to shift to Tether’s USDT as a safe haven.

GroLink News, April 23｜Goldman Sachs analyst Mark Delaney maintained a “Neutral” rating and a $375 price target on Tesla. While he acknowledges progress in profit margins and a 51% year-on-year increase in Full Self-Driving (FSD) subscription rates, he warns that robotaxi deployment may proceed slowly in the short term, and an unsupervised FSD release for consumers may not arrive until the end of 2026. Delaney estimates that, given high investment costs, free cash flow will remain negative in both 2026 and 2027, only turning positive in 2028.

Odaily reported that the crypto prediction market platform Polymarket has become embroiled in insider trading controversy due to prediction trading around US President Donald Trump’s policies and statements. Data shows that from April 5 to 8 alone, prediction markets related to the Iran situation generated about 413 million transactions, involving more than 100 million US dollars. Analysts point out that Trump’s highly unpredictable decision-making style has significantly increased activity in prediction markets, with issues such as whether he will take military action against Iran or promote a ceasefire becoming high-frequency trading targets. Relevant trading volumes soared rapidly after his social media statements. It is noteworthy that Donald Trump Jr. was revealed to hold shares in Polymarket while also serving as an advisor to another prediction platform, Kalshi, sparking external concerns about potential conflicts of interest and insider trading. Industry data indicates that political predictions have become the second-largest prediction market category after sports. Despite the growing controversy, US regulators remain generally lenient, driving continued expansion in this sector. (Fortune)