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.
Balancer's recent decision to reimburse liquidity providers after a major hack is setting a new standard for user protection in decentralized finance.
Balancer is set to return $8 million to its liquidity providers following a significant security breach that resulted in $110 million in losses.
The recently released report on momentum trading highlights the critical role of universal quality and liquidity filters for traders to eliminate low-quality false signals and focus on stocks with strong institutional support.
A new report has been released detailing ten actionable momentum scans designed to help traders identify stocks poised for significant upward movement.
Bhutan announced plans to integrate cryptocurrency payments to attract younger travelers and modernize its tourism industry.
Bhutan has begun migrating its self-sovereign digital ID system from Polygon to Ethereum, allowing residents to verify identities and access government services.
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