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.
Culper Research disputes Tom Lee's optimism on Ethereum, arguing that recent activity spikes are misleading and could indicate a potential death spiral for the platform.
Culper Research has taken a short position on Ether, citing concerns over Ethereum's economic outlook following the Fusaka upgrade.
The CFTC and SEC are collaborating on Project Crypto to create a unified regulatory framework for crypto markets, aiming to clarify jurisdictional boundaries and foster innovation in the U.S.
Ethereum-based ETFs recorded their best single-day performance in nearly two months, with inflows of $169 million on Wednesday, indicating a potential recovery trend for Ethereum and related investment products.
This week, the SEC and CFTC have submitted proposals to the White House to regulate the crypto industry and prediction markets.
Ethereum's price surged by 12% on Wednesday, reaching a one-month high of $2,199 before retracing.
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter
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.