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.
HSBC Holdings Plc plans to officially launch its Tokenized Deposit Service (TDS) for corporate users in the US and UAE in the first half of 2026.
Japan is witnessing an increase in interest in Bitcoin-backed financial products, influenced by corporate strategies globally.
A comprehensive analysis of Algorand's price trajectory through 2030 suggests a positive outlook for the ALGO cryptocurrency.
Analysts predict that HYPE could reach a price target of 64 if the current support line remains intact within its descending channel.
A longer-term chart pattern suggests Ethereum could target 17,000 if the neckline breaks.
The US dollar shows resilience following the latest Federal Reserve minutes, impacting global forex and cryptocurrency markets.
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