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.
Analysts indicate that XRP is poised for a significant price movement due to a growing liquidity imbalance.
XRP is being utilized as a bridge currency to enhance liquidity and market efficiency in the financial ecosystem.
Insights on Bitcoin's price bottom using Long-Term Holder metrics, indicating potential capitulation phases.
Cardano is launching USDCx and integrating LayerZero to enhance its DeFi ecosystem despite market pressures.
This year has been challenging for Cardano ADA investors as weakening retail participation collides with renewed development activity and aggressive accumulation by large holders.
Analysts warn that by 2026, companies holding large amounts of digital assets may need to sell part of their holdings due to falling prices and debt obligations.
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