Curve founder: Single points of failure are harming the DeFi industry; the industry needs to collectively develop security standards.

On April 21, CoinFeed reported that Curve founder Michael Egorov published an article on the X platform, commenting on the recent series of attacks in the DeFi space. He stated that these avoidable attacks stemmed from centralized points of failure, harming the entire industry. Egorov cited Aave as an example, pointing out that users were unable to withdraw funds due to an attack on rsETH, but all parties shifted blame—Aave claimed its protocol was functioning normally, rsETH claimed its code was secure and only its bridge was attacked, and LayerZero claimed everything was normal. Egorov emphasized that all such problems should be prevented before they occur, not remedied afterward; single points of failure should be reduced, not increased; and when a point of failure is unavoidable, trust should be distributed.