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‘Are we an industry of clowns?’ Curve founder urges unified DeFi security rulebook after rsETH shock – TON BOT

‘Are we an industry of clowns?’ Curve founder urges unified DeFi security rulebook after rsETH shock

Curve founder Michael Egorov is advocating for industry-wide DeFi security standards following the Kelp rsETH exploit. He believes many DeFi hacks are due to avoidable centralized weak points and wants Ethereum and Solana foundations to lead the establishment of common security standards. Egorov highlights the importance of designing out single points of failure in decentralized systems to prevent future exploits.


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