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.
Operation Lightning reveals a botnet of infected devices used for cybercrime, leading to the seizure of domains and servers across seven countries.
European and US authorities dismantled a major malicious proxy operation linked to malware-infected routers, freezing $35 million in cryptocurrency.
A report reveals that Tether's USDT stablecoin is being utilized in the illegal gold trade in Venezuela, highlighting new money laundering strategies.
Shiba Inu is evolving beyond its memecoin status by establishing a holistic ecosystem that includes NFTs and blockchain technology.
Experts predict Shiba Inu could reach a price of 0.001765 by 2040, with varying estimates.
Shiba Inu token has seen a 2% increase in the last 24 hours, currently priced at 0000005730, indicating potential upswing in momentum despite market volatility.
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