CoinWorld News reports that Andre Cronje, the founder of Flying Tulip, stated that security in the DeFi space is being challenged. He said that many protocols are no longer immutable public goods, but instead “profit-driven enterprises operated by teams.” He pointed out that the current DeFi system relies on upgradeable contracts and human response teams, and emphasized that emergency control mechanisms such as circuit breakers can provide teams with reaction time in the event of abnormal fund outflows. Michael Egorov, the founder of Curve, also warned that these control measures could introduce new risks, especially centralized risks. Cronje believes that security should be a layered process and cannot rely solely on contract audits.