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.
Crypto expert Vincent Van Code explains the implications of a 5 trillion Fed master account for Ripple and XRP.
Long-term Bitcoin holders have significantly increased their accumulation, with demand from accumulator addresses climbing to 264,000 BTC on May 6, marking a 60% increase from just two weeks earlier.
The 30-day over-the-counter (OTC) Bitcoin balance change has posted a net decline of approximately 24,940 BTC since early February, indicating a significant tightening of Bitcoin supply in OTC markets.
Ripple CEO Brad Garlinghouse stated that the company is not currently focused on a public listing, citing recent crypto IPO performances as a reason for caution.
Ripple CEO Brad Garlinghouse hinted at potential future benefits for XRP holders if the company goes public, but emphasized that this is not a current priority.
On March 18, 2026, Hyperliquid licensed the SP 500 benchmark for perpetual contracts, marking a significant milestone for decentralized exchanges.
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