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.
Former Binance CEO Changpeng Zhao predicts that Pakistan could become a global leader in crypto by 2030 due to its young population and proactive regulatory actions.
Changpeng Zhao highlighted the significant opportunities blockchain technology offers to young entrepreneurs in Pakistan, emphasizing the need for education and support to foster innovation.
Changpeng Zhao advocates for the tokenization of Pakistan's stock market to attract global investments.
The Energy Information Administration (EIA) is facing internal challenges due to significant staffing reductions, impacting the production of its petroleum report. EIA Administrator Tristan Abbey highlights the urgency of addressing aging technology to prevent future issues.
The EIA has delayed the release of its Weekly Petroleum Status Report, impacting oil traders.
Cumulative Bitcoin returns have flattened out across all major trading sessions, indicating neutral market momentum.
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