CertiK co-founder Ronghui Gu has raised concerns about the cryptocurrency industry's budget allocation, noting that marketing often receives more funding than security. Speaking at KBW 2025, Gu emphasized that financial losses in the sector are not solely due to smart contract vulnerabilities but also human errors such as negligence and phishing. He advocated for a comprehensive defense strategy that includes code reviews, audits, real-time monitoring, and increased education and awareness.
Gu highlighted projects like WEMIX and Klaytn as examples of those prioritizing security by boosting their budgets, setting a positive example for the industry. He stressed the importance of addressing the current imbalance to enhance overall security and protect against potential threats.
CertiK Co-Founder Warns of Imbalance in Crypto Security and Marketing Budgets
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.