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 V1 protocol of Mutuum Finance is scheduled for release on the Sepolia testnet in Q4 2025, featuring key functionalities such as a liquidity pool, mtTokens, a debt token system, and a liquidator bot.
KuCoin's expansion into Australia focuses on enhancing regulatory compliance and financial integration, aiming to reassure regulators and users while promoting integrated financial services.
KuCoin has officially launched its office in Sydney, marking a significant expansion into the Australian market.
HBAR's price drop to USD 0.1373 raises alarms over liquidity and market psychology.
Tron is launching a Thanksgiving feast with major projects offering trading competitions, staking rewards, and community activities, featuring a prize pool of nearly 16,000 USDT.
Litecoin is currently facing weak demand, with forecasts indicating a possible drop below $90. Market activity shows a cautious sentiment among traders, highlighting the importance of timing in the broader crypto space.
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