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.
The analysis of AAVE by Grayscale Research indicates a shift towards structured and professional approaches in crypto asset valuation.
Grayscale Research has introduced a cashflow valuation framework for AAVE, highlighting the maturation of DeFi protocols.
Hayden Adams highlights the regulatory challenges faced by DeFi protocols under US securities laws, calling for clearer regulations to support development and protect users.
A wallet linked to Arthur Hayes has purchased an additional 1,400 ETH, valued at around $251 million, indicating renewed whale activity in the Ethereum market.
Cardano's Van Rossem hard fork is progressing through its governance and validation stages, focusing on mainnet readiness.
The Binance Blog has introduced a strict editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality of its content.
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