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.
Ethereum has broken above its 4-hour 200 MA and 200 EMA for the first time since April, indicating a possible shift back to bullish momentum.
The XRP Ledger has seen significant growth in tokenized assets, increasing from 900 million to nearly 4 billion in just five months, with a 1379% rise in the last 30 days.
Mastercard announced a significant expansion of its global settlement infrastructure to enable on-chain settlement using regulated stablecoins, allowing card transactions to settle 24/7.
The results of the congressional race illustrate the growing power of the crypto industry in political campaigns.
Saikat Chakrabarti, a founding engineer at Stripe, lost his bid for Congress in California, failing to secure enough votes to advance in the race.
World Liberty Financial issues a compliance warning to users about potential delays or restrictions on transactions involving sanctioned individuals or organizations.
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