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.
ARK Invest has increased its holdings in regulated crypto-linked stocks during a market pullback, reflecting a strategy to maintain exposure to public crypto infrastructure.
Experts warn of potential risks in the AI stock market, drawing parallels to the late 1990s dot-com bubble.
Amazon is developing its own Trainium chips to compete with Nvidia's GPUs, potentially reshaping the AI chip market.
CoinShares has recently released a new report titled The Silent Portfolio, which focuses on cryptocurrency investment strategies.
BitGo is reducing its workforce by nearly 15% to focus on AI and enhanced financial services.
Michael Saylor's Strategy is facing a significant unrealized loss of $14 billion due to a decline in Bitcoin prices.
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