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.
Texas brothers plead guilty to robbing a Minnesota family of over $8 million in cryptocurrency at gunpoint.
The recent robbery of a Minnesota family by two Texas brothers highlights a troubling trend of wrench attacks on cryptocurrency holders, prompting law enforcement to raise alarms and investigate these violent crimes.
Franklin Templeton has filed with the SEC to launch two ETFs that reinvest dividends into Bitcoin.
Australia's High Court rules in favor of ASIC, classifying Block Earner's fixed-yield product as a financial product and derivative, clarifying the regulatory framework for crypto yield products.
The Kentucky Attorney General's Office has released a report emphasizing strict editorial standards focusing on accuracy, relevance, and impartiality.
Water.org has launched the Get Blue campaign to expand access to safe water through consumer participation and brand partnerships.
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