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Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says

CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says

CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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