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.
A Bitcoin address that had been inactive since November 2013 has suddenly moved its entire holdings to a new wallet, generating significant interest among traders.
XRP price is currently trading above 14350 and is facing significant resistance levels near 14550 and 14620.
The SEC has concluded its review of the Zcash Foundation without recommending enforcement action, easing regulatory concerns for the privacy coin.
Grayscale has filed to convert its Zcash Trust into a spot exchange-traded fund (ETF), potentially allowing regulated exposure to Zcash in the US market.
XRP price has started a recovery wave, showing positive movement above key resistance levels.
Hayes highlights the risks and opportunities in crypto markets driven by geopolitical tensions and AI-driven inflation.
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