The $292M crypto hack exposed DeFi's weak spots. Here’s what must change, insiders say

The $292 million exploit of Kelp DAO has exposed significant vulnerabilities in decentralized finance (DeFi) at a time when major financial institutions like BlackRock and Apollo Global Management are increasingly engaging with on-chain markets. Industry experts view this incident as a "speed bump" rather than a permanent roadblock, suggesting that the crisis will accelerate the adoption of institutional-grade security standards. To attract larger capital pools, experts emphasize the need for zero-trust architectures, stricter multi-signature controls, and better integration of real-world assets with established legal frameworks. Ultimately, the industry must transition from viewing these security protocols as optional best practices to making them mandatory baseline requirements.

(Source：CoinDesk)