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.
Aave governance proposes to adopt Chainlink's CrossChain Interoperability Protocol (CCIP) as the default standard for crosschain sGHO transfers, emphasizing security in DeFi.
Tesla's upcoming Q2 earnings report is set to focus on the company's Bitcoin holdings, with investors eager to see if the 11,509 BTC treasury position remains unchanged.
Bitcoin developers have introduced BIP361, a draft proposal aimed at preparing the network for a transition to quantum-resistant signature schemes.
Grayscale's proposal may influence how institutional investors perceive staking rewards in crypto products.
Grayscale is proposing changes to its Ethereum and Solana trust structures to allow cash payouts for staking rewards, targeting a date around August 7, 2026.
US spot Bitcoin ETFs have recorded a second consecutive week of net inflows, totaling approximately $757 million, indicating a potential stabilization in institutional demand.
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.