• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cryptocurrency Security Threats Continue to Rise in Q1 2024

user avatar

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Institutional Participation in Bitcoin Expected to Rise in 2026

chest

New insights reveal that major US banks may begin buying and managing Bitcoin in 2026.

user avatarZainab Kamara

PEPE Memecoin Price Prediction Towards 1 Cent

chest

A comprehensive analysis reveals the potential trajectory of PEPE memecoin towards the 1 cent milestone by 2030.

user avatarJacob Williams

Weak Demand in Bitcoin Mining Sector Leads to Increased Competition

chest

Reports indicate weak demand across the Bitcoin mining sector, prompting adjustments from competing brands and an increase in secondhand supply.

user avatarAyman Ben Youssef

Market Reacts to Bitmain's Price Cuts with Increased Reselling Activity

chest

The market reacted quickly to Bitmain's price cuts, with resellers lowering prices further and increasing auction activity.

user avatarSon Min-ho

Claver Emphasizes XRP Ledger's Advantages Over Bitcoin

chest

Claver emphasizes the XRP Ledger's superior scalability and built-in features compared to Bitcoin.

user avatarNguyen Van Long

Jake Claver Analyzes Bitcoin Lightning Network vs XRP Ledger

chest

Business leader Jake Claver analyzes the structural differences between Bitcoin's Lightning Network and the XRP Ledger, focusing on scalability, settlement, and institutional use.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.