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.
HYPE token has surged over 65% year-to-date and nearly 200% over the past year, reflecting strong market performance amid uncertainties.
Bitwise has filed a second amendment with the SEC for its spot Hyperliquid ETF, adding new trading counterparties ahead of its launch.
Bitcoin recently traded as high as 73,000, indicating a potential bullish rebound despite being in a bear phase for over six months.
Bitcoin price dipped below 73,000 as investors adjust their exposure amid inflation concerns.
Wall Street firms are building infrastructure for institutional DeFi, processing over $8 trillion in tokenized repo settlements and enabling on-chain governance for tokenized equity.
Ethereum is becoming the leading platform for tokenizing traditional assets, with significant institutional investment.
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