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.
Bitcoin and Ethereum ETFs have experienced significant inflows and outflows influenced by macroeconomic factors and geopolitical tensions, with Bitcoin ETFs seeing a peak inflow of over $4.7 billion on April 6, 2023.
XRP and Solana ETFs are facing low demand due to market volatility, with XRP attracting only $138 million and Solana just $1.169 million in inflows.
CoW Swap, an Ethereum-based decentralized exchange aggregator, has warned users to avoid its protocol after its frontend interface was compromised.
Tether has launched a self-custodial digital wallet called TetherWallet, supporting USDT, USAT, Bitcoin, and XAUT, aimed at enhancing accessibility for mainstream users.
Senators negotiating the stablecoin yield issue are making progress, with a draft compromise expected to be released later this week.
Bitcoin's price has risen to over $75,000, marking its highest level since early February, driven by significant short liquidations.
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