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.
The CFTC has released new guidelines aimed at encouraging self-reporting and cooperation among regulated entities, including crypto firms.
Ostium has halted trading due to a significant exploit linked to a compromised oracle private key, affecting price feed integrity.
The SEC and CFTC have launched a joint consultation to clarify the regulatory landscape for digital asset derivatives.
IREN stock surged nearly 7% after securing a $2.8 billion AI contract.
The White House has reached an agreement on an ethics package for the CLARITY Act, potentially paving the way for its passage in the Senate.
The growth of stablecoins on Solana is expected to enhance DeFi lending markets and payment applications.
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