Gemini DeFi Protocol Upgrade Review Uncovers Critical Security Vulnerabilities
A security review was conducted on October 10, 2026, for the Gemini DeFi protocol's planned upgrade. The review, performed by a senior DeFi security researcher, found critical vulnerabilities in the upgrade process. These include storage collisions that could corrupt financial calculations and governance flaws allowing system freezes. The assessment concluded the upgrade, as planned, poses a high risk to the protocol's $5.51 billion in assets.
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