AI Coding Agents Pose Threat to Smart Contracts, Says Security Exec

AI coding agents have rendered smart contracts fatally vulnerable, according to a leading security executive in the crypto industry. This warning comes as the number of hacks increases and the total value locked (TVL) in decentralized finance (DeFi) rapidly declines, according to CoinDesk. The executive highlights the growing risks associated with AI-generated code, which may introduce unforeseen vulnerabilities into smart contracts, exacerbating security challenges in the DeFi sector.