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.
A newly created Bitcoin wallet has withdrawn 1,350 BTC from Binance, signaling important market activity.
Machi Big Brother has been liquidating BAYC-related assets to defend its leveraged ETH exposure in a fragile market environment.
Ripple has secured preliminary approval for a CASP license from Luxembourg's CSSF, marking a significant step in its operations.
Ripple has partnered with SBI VC Trade to launch the RLUSD stablecoin in Japan after receiving approval from the Japan Financial Services Agency.
OpenAI's recent announcement of naming its GPT56 model capability tiers as Sol, Terra, and Luna has led to significant discussions within the crypto community.
The launch of X Money arrives at a crucial moment for the crypto market, where assets are striving for a clearer direction.
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