HIGER|Apr 23, 2026 04:01
KelpDAO getting hacked this time highlights three things again:
1. The so-called security foundation of the industry is extremely fragile. DeFi gives us hope but also faces massive security challenges.
2. Hackers use Ethereum and Bitcoin for money laundering, once again proving the value of these two largest decentralized blockchains.
3. If applications keep getting disproven or face security challenges, it shows this industry still has a long way to go. Until then, all that's left is the frenzy of speculators, with the industry continuing to enter a zero-sum or even negative-sum game.
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