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.
Justin Sun has transferred a total of five different tokens worth approximately $162 million to the HTX exchange.
JPMorgan's blockchain-based payment system, Kinexys, is nearing $10 billion in daily transaction volumes as it expands into the industrial sector.
Mitsubishi Corporation will adopt JPMorgan's Kinexys platform to streamline its global supply chain payments and reduce settlement times.
Developers can now access a live public RPC endpoint to connect wallets, query blockchain data, and test smart contracts on the Pi Testnet.
Charles Hoskinson criticizes Ripple and its CEO for allegedly manipulating the CLARITY Act to eliminate competition, warning of potential legal risks for developers.
Market analyst Alex Carchidi warns of a valuation mismatch in Bittensor's tokenomics that could impact TAO's price.
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