BOOM! 🚨 @JoelKatz Ripple ex-CTO just exposed what goes wrong in DeFi when projects choose convenience over protection. 👇 KelpDAO got hit for about $290M. Joel’s point is simple: a lot of bridge systems already have strong security options, but teams often do not use the best ones because they are harder to run. That is the trap. What stands out to me is the RLUSD angle. He said Ripple looked at bridge systems with security and risk as the main focus. That is exactly how real money should be handled. Cheap shortcuts can become very expensive lessons.
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