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.
Binance's new cross margin trading pairs allow traders to utilize their entire margin balance as collateral, enhancing capital efficiency.
Gracie Lin, CEO at OKX Singapore, discusses the easing sellside pressure and the shift in Bitcoin's perception as a portfolio hedge.
MegaETH has achieved 47,000 TPS in testing as it prepares for a global stress test on January 19, with the mainnet launch on January 22.
MegaETH will conduct a global stress test on January 19, allowing users to engage with Web3 gaming applications while the network is pushed to its limits.
Sky Protocol's recent buyback operation has successfully removed approximately 3157 million SKY tokens from circulation, demonstrating a commitment to the tokenomics model.
Sky Protocol has executed a substantial buyback of 3157 million SKY tokens, deploying $19 million from its treasury to reinforce token value and align with holder interests.
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