Security Pioneer Warns DeFi Is Unsafe as AI Threats Expose Smart Contract Vulnerabilities
Manuel ArΓ‘oz, co-founder of OpenZeppelin, has declared all of DeFi unsafe, citing AI-powered coding agents that excel at finding smart contract vulnerabilities. His warning follows April's record-breaking month of crypto hacks and over $1.1 billion in DeFi losses in the past year. The claim has split the crypto community, with some arguing AI is reshaping security while others say most exploits stem from operational failures, not code flaws.