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Curve founder Michael Egorov says Binance’s $6.36B breach shows why crypto needs DeFi

Crypto Briefing·October 30, 2026·1 min read
Curve founder Michael Egorov says Binance’s $6.36B breach shows why crypto needs DeFi

Curve founder Michael Egorov says Binance’s $6.36 billion breach demonstrates why crypto needs DeFi. He argues decentralized protocols mitigate centralized exchange risks and enhance security. The incident highlights vulnerabilities in centralized custody, prompting calls for DeFi adoption as a safer alternative for digital asset management.

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