by Giorgi Kostiuk
2 years ago
The first quarter of 2024 witnessed a significant financial loss of over $502 million due to 223 onchain security incidents, as per CertiK's latest "Hack3d" security report. Out of this amount, private key compromises accounted for $239 million, which was more than half of the total losses recorded during this period.
Suggestions put forth by CertiK co-founder Ronghui Gu include the adoption of multisig wallets and multiparty computation within the community to strengthen security measures.
Talos raised $45 million in a Series B extension, increasing its total Series B funding to $150 million.
Mesh ex Front Finance secures $75 million in Series C funding to enhance its global crypto payments network.
Zama, an open-source cryptography company, raised $44 million through a public sale in January 2026, achieving a fully diluted valuation of $550 million.
India proposes legislation to restrict social media access for individuals under 16, addressing digital addiction and data exploitation concerns.
On October 10, Binance's USDe yield program caused significant disruptions in the crypto market, leading to hundreds of billions in liquidations.
Starlink has updated its privacy policy to allow the collection of customer data for AI development, raising concerns among privacy experts.
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