‘It’s an unfair game’: CertiK CEO says DeFi attackers using AI to outspend defenders
Summary
CertiK CEO Ronghui Gu has warned that artificial intelligence is empowering decentralized finance (DeFi) attackers, creating an "unfair game" where hackers can outspend security defenders. In April alone, over $690 million was lost to DeFi exploits, marking one of the highest monthly losses since March 2022. Gu attributes this surge to AI tools that simplify vulnerability discovery and attack replication. He explained that while attackers can focus extensive computing resources on a single protocol, security firms must divide their efforts across numerous clients. Gu also highlighted that as smart contract auditing improves, attackers are shifting focus to supply chain and operational security vulnerabilities, areas that he believes are not receiving enough industry attention. Recent major exploits, like those on Drift Protocol and Kelp DAO, involved infrastructure and governance failures, underscoring the growing complexity of DeFi security and the need for industry-wide collaboration in incident response.
(Source:The Block)