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.
Bitcoin miners have sold approximately 800 BTC over the past four days, indicating a potential shift in market sentiment.
The expected passage of the CLARITY Act could significantly influence XRP's price, with projections suggesting a minimum price of $50 and potential highs of $1,400.
DeFi Development Corp employs a strategy of accumulating and staking SOL while deploying part of its treasury on-chain.
On May 14, 2023, STRC achieved a record daily trading volume of $153 billion, indicating strong market interest in Strategy's capital-raising efforts.
Strategy, formerly known as MicroStrategy, plans to repurchase $1.5 billion of its 2029 convertible debt notes to retire debt and reorganize its balance sheet.
THORChain suffered a significant hack, resulting in losses of $11 million across four blockchains.
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