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.
Iran has introduced a new maritime insurance platform for cargo in the Strait of Hormuz, with payments settled in Bitcoin.
Grayscale has filed a second amendment to its BNB ETF registration, indicating a proactive approach to align with SEC feedback.
VanEck has filed its fifth amendment for the BNB ETF, increasing the chances of approval amid ongoing discussions with the SEC.
Charles Hoskinson emphasizes the urgent need for the cryptocurrency industry to prepare for quantum computing threats, highlighting Bitcoin Improvement Proposal BIP361 as a solution.
An early Ethereum adopter, known as an OG in the community, has reentered the market by purchasing 1,951 ETH for approximately $426 million USDC.
Tom Lee's BitMine has acquired 89,026 ETH valued at approximately $19.764 million during a period of market weakness.
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