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.
Morgan Stanley announces plans to enhance its Bitcoin and cryptocurrency services, moving towards native custody and an internal exchange platform.
Binance has introduced gold futures trading, allowing users 24/7 access to price exposure on gold.
Citi announces plans to introduce infrastructure for Bitcoin integration into traditional finance by 2026.
BNB shows technical resilience despite recent market volatility, maintaining a strong position above its 200-week moving average.
Hyperliquid HYPE is preparing a significant upgrade known as HIP6, which will introduce a framework for permissionless, onchain token launches.
Ethereum is experiencing heightened volatility as it hovers around the critical $2,000 threshold, with limited conviction in price stabilization.
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