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The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up

For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.

CoinDesk Wire
CoinDesk Wire
Wire content from CoinDesk

For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.

This article originally appeared on CoinDesk. Read the full article at the source: https://www.coindesk.com/tech/2026/05/16/the-usd293-million-kelpdao-hack-shows-why-defi-is-finally-being-forced-to-grow-up

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