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.
Several new AI tools have been launched that prioritize user privacy and data security.
LinkedIn and Google have been found to opt users into AI training without explicit consent, raising ethical concerns.
A security researcher discovered 300 million messages from 25 million users in a publicly accessible database due to a misconfigured backend.
Institutional adoption is seen as a key factor that could drive XRP's price to $8, especially after the SEC lawsuit settlement.
The settlement of the SEC lawsuit against Ripple in 2025 has led to increased investor confidence and a rise in XRP's price.
Trump Media Technology Group reports a net loss of over $700 million due to volatility in digital assets.
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