“Are We an Industry of Clowns?” Curve Founder Blasts DeFi Security Failures

Michael Egorov, founder of Curve Finance, has called for the development of industry-wide security standards in decentralized finance, amid a surge in recent hacks originating largely from centralized single points of failure. The KelpDAO exploit is one of the latest examples and ranks among the largest DeFi breaches in recent months, shaking the confidence of market participants. DeFi Security Overhaul In his latest…