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.
Tether reported holding nearly $192 billion in reserve assets, primarily in US Treasuries, during the first quarter of 2026.
In a panel discussion at XRP Las Vegas, Ripple CEO Brad Garlinghouse addressed the Clarity Act, expressing frustration over the slow legislative process and emphasizing XRP's legal clarity.
Ripple CEO Brad Garlinghouse discussed the company's stablecoin strategy at XRP Las Vegas, focusing on RLUSD and the dual oversight from financial authorities, emphasizing Ripple's commitment to responsible practices and potential opportunities with a Federal Reserve master account.
Tether has begun its first full audit with KPMG during the first fiscal quarter of 2026, aimed at enhancing transparency and addressing regulatory scrutiny.
The XRP Ledger's energy-efficient consensus model positions it as a leading blockchain infrastructure.
Concerns arise over a Bitcoin hard fork proposal called eCash, which may impact Satoshi Nakamoto's BTC holdings.
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