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 SEC has filed charges against Nathan Fuller for allegedly defrauding 150 investors in a multimillion dollar crypto investment scheme.
Large ETH holders are quietly accumulating during market downturns, indicating a bullish sentiment for Ethereum.
Texas has formed an advisory committee led by Acting Comptroller Kelly Hancock to manage its Bitcoin reserve, including experts in custody arrangements and investment strategy.
Texas has announced a significant move to buy more Bitcoin for its state reserves, transitioning from ETF exposure to directly held Bitcoin.
Uniswap is facing significant selling pressure as its price retreats, despite increased inflows to Binance, indicating potential intent to sell.
OKX and Korea Investment Securities have acquired a 20% stake each in Coinone, a major South Korean crypto exchange, with a total investment of approximately $53 million.
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