18 hours ago
CoinRank
CONTENT
a16z Crypto is urging DeFi to move away from the long-held idea of “code is law” toward “norms are law,” warning that code alone is no longer sufficient to secure complex on-chain financial systems.
The firm advocates standardized security norms and immutability checks to proactively block exploits.
In 2024 alone, hackers drained more than $649 million through protocol vulnerabilities, while developers increasingly worry about AI-powered attacks accelerating exploit discovery.
WRITER’S INTRO
