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.
Political uncertainty surrounds South Korea's crypto tax legislation as the People Power Party pushes to abolish it.
The National Tax Service of South Korea has begun preparations to implement a tax on crypto income starting in 2027, following years of delays.
Nvidia's stock is expected to see significant growth over the next decade, driven by the AI sector's expansion.
HSBC and Anchorpoint have confirmed that they have not launched any stablecoins, despite receiving licenses from the HKMA.
Strategy, led by Michael Saylor, is on track to become the largest single holder of Bitcoin, potentially surpassing Satoshi Nakamoto within two years.
The Hong Kong Monetary Authority (HKMA) has issued a warning about fraudulent stablecoins falsely claiming to be issued by licensed issuers HSBC and Anchorpoint.
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