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.
Recent prosecutions highlight the risks faced by developers in the crypto industry amid ongoing legislative debates.
Laurore Ltd has emerged as a significant buyer of BlackRock's iShares Bitcoin Trust, acquiring 8,786,279 shares valued at approximately $337.3 million, raising questions about its identity and motivations.
Citigroup has raised its price target for Nvidia stock to $270, anticipating strong revenue growth and performance in the AI sector.
Robert Kiyosaki anticipates a significant market downturn and encourages investors to buy assets like Bitcoin and Ethereum during market panic.
Legal challenges arise for crypto platforms in the US as state regulators take action against unlicensed wagering, leading to disputes over contract classification.
Simon Dixon critiques Ripple and XRP for undermining Bitcoin's purpose, describing XRP as a psyop that causes division in the crypto community.
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