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 Chainlink token has experienced a significant price increase, attributed to heightened social media discussions and reduced supply on exchanges.
Cardano is testing the critical support level of 0.25, which has historically led to significant price rallies.
Flare founder Hugo Philion defends his comments on Cardano's DeFi performance, clarifying that he was presenting factual data and not attacking Cardano.
Charles Hoskinson responds to comments from Flare founder Hugo Philion regarding the growth of Flare compared to Cardano, criticizing Philion's marketing tactics and urging an update to his strategy.
Bitcoin's recent price movements are under close scrutiny as it trades between $79,000 and $80,000, a critical resistance area. Analysts are emphasizing the importance of the $80,300 level, which could trigger selling pressure if not held as support.
The South Korean government has confirmed a 20% tax on crypto profits starting January 2027, affecting many investors.
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