Is DeFi Dead? Wintermute CEO Gaevoy Does Not See Innovation Prospects
Wintermute CEO Evgeny Gaevoy said DeFi's composability now spreads rather than contains risk, arguing exploit spillovers cross protocol boundaries; his comments followed the roughly $290 million KelpDAO hack, which exploited a single-validator LayerZero DVN configuration linked to Lazarus Group.
Entities mentioned
- Wintermute
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