Schwab Expands Cryptocurrency Services Amid DeFi Hacking Concerns

Financial giant Charles Schwab has made a significant move into the world of cryptocurrencies by offering its services to nearly 38 million brokerage accounts.

The launch marks a major milestone for Schwab, which is looking to tap into the growing demand for digital assets among its clients. The move also highlights the increasing mainstream acceptance of cryptocurrency in the financial sector.

However, not all news in the crypto space has been positive recently. A series of high-profile decentralized finance (DeFi) hacks have raised concerns about security and regulation.

Some experts have linked these hacks to North Korea, which is believed to be behind a number of cyber attacks on financial institutions. In response, some experts are calling for a more aggressive approach to countering the country's hacking activities.