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.
Cardano's price is at risk of falling below a critical support level, which could lead to further losses.
Spot Bitcoin ETFs have recorded 10 consecutive days of outflows, totaling nearly $3 billion in redemptions since May 15. This trend highlights a significant disconnect between the rising social media sentiment around Bitcoin and the actual investor behavior reflected in ETF data.
The Crypto Fear and Greed Index shows Extreme Fear at 23, contrasting with bullish social media sentiment.
Bitcoin social media sentiment has surged to a yearly high, with 223 positive comments for every negative one, despite ETF outflows.
Solana market shows bearish sentiment with price consolidation and established support and resistance levels.
YoungHoon Kim predicts XRP price surge between $5 and $10, facing skepticism from traders due to past inaccuracies and his IQ claims.
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