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 Rycroft review recommends capping overseas donations from UK citizens living abroad at £100,000 per year to regulate foreign financial influence in UK politics.
Reform UK members protested against the cryptocurrency donation ban by walking out of Parliament, criticizing the government's stance on crypto.
UK Prime Minister Keir Starmer announces a ban on cryptocurrency donations to political parties following a review into foreign financial influence.
President Trump has appointed notable tech leaders to the Presidents Council of Advisors on Science and Technology.
On March 24, Bank of America analyst Tal Liani reinstated a Buy rating for Oracle stock with a price target of $200, indicating a potential upside of 30%.
South Korean authorities are intensifying regulatory measures to combat illegal overseas crypto transactions and prevent capital flight, including new cooperation agreements and an AI-driven monitoring system.
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