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.
Technical analysis indicates a bullish pennant forming on Chainlink (LINK) as buy volume recovers.
The success of SUI's bullish flag pattern hinges on trading volume, which is essential for confirming a breakout.
SUI is gaining interest from technical traders as a bullish flag pattern appears on its daily chart, indicating potential for upward movement.
Decline in large Solana wallets raises concerns about market dynamics and investor sentiment.
Binance has successfully completed its 36th quarterly BNB burn, permanently removing over 16 million BNB from circulation.
Symbiosis Finance has launched private USDT swaps and transfers on the TRON network, enhancing privacy for stablecoin transactions.
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