Curve Founder Calls for Establishing DeFi Security Standard to Reduce Hacker Attacks Caused by Centralization Single Points of Failure

BlockBeats News, April 21: Curve founder Michael Egorov stated in a post that many recent avoidable security incidents in DeFi stem from centralization single points of failure, which are undermining the entire industry.

Using the Aave and rsETH incident as an example, he mentioned that such issues should be prevented before accidents occur rather than fixed after the fact. He called for the industry to jointly establish DeFi security standards to reduce single points of failure. He suggested that project teams, auditing firms, and risk assessment teams share best practices. He also proposed that the Ethereum Foundation and Solana Foundation coordinate ecosystem participation in defining security principles and rules.