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Former Crypto Security Chief Sounds Alarm As AI Agents Become More Powerful

Former Crypto Security Chief Sounds Alarm As AI Agents Become More Powerful

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All of decentralized finance is unsafe amid advances in AI, the founder of blockchain security company OpenZeppelin says.

“I now consider all of DeFi unsafe,” Manuel Aráoz said on May 27 on X. “Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric: defenders need to fix every bug while attackers need just one exploit to steal funds.”

Aráoz, who served as OpenZeppelin’s technology chief from 2015 to 2019, said in a follow-up post that he has warned his friends and family to exit all DeFi applications. He added that even blue chips such as Aave, MakerDAO and Compound are not…

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