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.
One of Ethereum's most notorious MEV bots, known as JaredFromSubway, has reportedly been drained for around $75 million after attacker-controlled contracts tricked its automated system into granting token approvals.
Bitcoin steadied near the 64,000 area as traders reacted to signs of progress in US-Iran talks and a reduction in geopolitical risk.
An older Bitcoin roadmap by crypto commentator Klarck is being revisited as Bitcoin nears critical downside zones outlined in the original post.
The editorial team has implemented a strict policy that emphasizes accuracy, relevance, and impartiality in all reporting.
Michael Saylor analyzes Bitcoin's market fluctuations and their impact on corporate debt.
UnitedSignals has recently shared a technical analysis on the TradingView platform, providing valuable insights into current market trends for traders.
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