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.
The Tor network enhances Bitcoin's security by making 64% of nodes invisible to outside observers, complicating attacks.
New research shows that most underwater internet cable failures have minimal impact on the Bitcoin network.
Ethereum has shown signs of recovery after a sharp selloff, reclaiming the 2,200-2,250 range.
Analyst TARA predicts that XRP may need five macro cycles to exceed $100, based on price targets rather than a specific timeline.
Recent analysis shows notable changes in XRP liquidity on Binance, suggesting a moderate level of supply scarcity.
XRP has regained the 140 level as the cryptocurrency market shows signs of bullish behavior after a period of volatility.
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