DeFi Security Controversy Rises Again. Industry authorities point out that the current development paradigm of "code is law" has become difficult to cope with the increasingly complex vulnerability risks. Data shows that in just the past year, hackers have stolen over $649 million through smart contract vulnerabilities, a staggering figure.

To reverse the situation, the industry is calling for a new approach of "regulation is law"—by establishing standardized security norms and deploying immutability check mechanisms to strengthen defenses at the contract level. This standardized solution can effectively prevent conventional hacking attacks.

But the challenges are escalating. Developers generally express concerns: as AI technology advances, attack methods are also iterating. AI-assisted vulnerability exploitation is no longer a low-probability event. This means that the competition for DeFi security has entered the "arms race" stage—defenders must continuously innovate to stay ahead of the disruptors.