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.
Avalanche's staking value has reached approximately $20.477 billion, indicating strong network participation.
The Helicon upgrade has been activated on the Fuji testnet, marking a significant step in Avalanche's development.
Avalanche's Team1 Accelerator awarded a $30,000 grant to YourGrails for tokenizing physical trading cards, supporting the growth of the real-world asset ecosystem.
Aave governance is reviewing a proposal to wind down six low-adoption V3 markets and offboard dozens of reserves to reduce operational complexity.
Uniswap has introduced a new Launches beta tab in its web app to enhance the discovery of new tokens across various launchpads.
Sui's USDsui stablecoin strategy is revolutionizing token utility by utilizing reserve yield for daily on-chain buybacks and ecosystem distribution.
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