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.
Norway's Government Pension Fund Global has suffered a staggering loss of over $200 million due to its investment in MicroStrategy and other cryptocurrency-related assets.
Asian markets are significantly increasing Bitcoin purchases, led by corporations like Metaplanet, while US investors are selling off their holdings.
Michael Selig's nomination to lead the CFTC has advanced after approval from the Senate Agriculture Committee, moving to the full Senate for final confirmation.
US authorities announce a $15 million reward for ex-Olympian Ryan James Wedding, wanted for leading a crypto-linked money laundering network and indicted for drug trafficking.
Pepe's price is under pressure as capital rotates towards presale assets, leading to a cooling momentum for the token.
In 2025, cryptocurrency theft has surged, totaling $217 billion, primarily impacting BTC and ETH.
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