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.
Tether announced a strategic collaboration with Drift Protocol to support user recovery and relaunch the platform.
XRP price shows signs of recovery, aiming for resistance levels while facing potential declines.
In the past 30 days, over 300,000 Bitcoin have moved into long-term holder wallets, indicating growing confidence among serious investors.
Retail participation in the crypto market has not returned to previous cycle volumes, impacting the Fear Greed Index.
The Alternativeme Crypto Fear Greed Index surged to a score of 46, the highest since January, indicating improving market sentiment.
Recent data indicates that Bitcoin long-term holders have experienced a significant surge in their supply, with 303,500 BTC entering their hands over the past month.
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