Curve Founder Calls for Unified DeFi Security Standards

The decentralized finance (DeFi) sector has been plagued by a series of high-profile security incidents, leading to widespread losses and damage to the industry's reputation.

Michael Egorov, founder of Curve Finance, one of the most established DeFi protocols, has weighed in on the issue. In a statement, he emphasized that recent attacks could have been prevented through better infrastructure robustness and transparency.

Egorov cited several examples, including the Aave and rsETH hacks, which highlighted the need for standardized security guidelines across the industry. He urged DeFi stakeholders to share best practices and called on the Ethereum and Solana Foundations to take a lead role in establishing common security standards.