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OpenZeppelin Co-Founder Says All of DeFi Is Unsafe 


OpenZeppelin Co-Founder Says All of DeFi Is Unsafe 

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  • OpenZeppelin co-founder says all DeFi is unsafe, including blue-chip Aave, MakerDAO and Compound.
  • AI coding agents now find vulnerabilities faster than defenders can patch them at superhuman speed.
  • Mythos tool release could be catastrophic for DeFi, with 20 companies forming a cartel before launch.

Manuel Aráoz, co-founder of OpenZeppelin, posted a public service announcement that stopped the DeFi community in its tracks.

“I now consider all of DeFi unsafe. I’ve been privately advising friends and family to exit all DeFi positions including low-risk blue chips like Aave, MakerDAO and Compound,” he wrote.

This is not a warning from an outsider. OpenZeppelin has audited the smart contracts of Aave, Compound, MakerDAO, Uniswap, and Coinbase. Aráoz built the firm that the entire DeFi ecosystem trusts to find vulnerabilities before attackers do.

Why AI Changes…

Read The Full Article OpenZeppelin Co-Founder Says All of DeFi Is Unsafe  On Coin Edition.

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