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.
Recent data indicates that large Bitcoin holders, referred to as sharks and whales, have been realizing substantial losses amid bearish market conditions.
Bitcoin is nearing the halfway point to its next Halving event, expected in April 2028.
Pi Network is preparing for the second round of KYC validator rewards distribution with an updated performance algorithm to incentivize high-quality validation.
Pi Network has completed the first distribution of KYC validator rewards, with eligible validators receiving payments to their Mainnet Pi Wallets as of April 3, 2026.
Bloomberg ETF analyst James Seyffart predicts that Bitcoin ETFs could eventually surpass gold ETFs in total assets under management, indicating a potential shift towards mainstream acceptance of Bitcoin.
Senator Richard Blumenthal has intensified scrutiny of Binance by sending a follow-up letter to co-CEO Richard Teng, demanding explanations for discrepancies in reported transactions linked to Iran.
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