Opinion
Crypto hacks underscore the urgent need for CEXs and DeFi to overhaul their security, collaborate on risk management and embrace self-regulation.
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Orest Gavryliak is the chief legal officer of 1inch Labs, the development team behind 1inch — a DeFi aggregator that connects users to the best trading rates across multiple blockchains. Orest has over 15 years of experience in law practice.
Crypto hacks underscore the urgent need for CEXs and DeFi to overhaul their security, collaborate on risk management and embrace self-regulation.