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.
Morgan Stanley is set to become the first major US bank to launch a spot Bitcoin ETF on April 8, 2024.
The Solana Foundation has launched new security initiatives, STRIDE and SIRN, to enhance ecosystem safety and rebuild trust following a significant attack.
SEC Chair Paul Atkins emphasized the importance of voter turnout for the future of crypto regulation and urged the crypto community to participate in upcoming elections.
XRP's trading volume has surged to $386 billion in a 24-hour period, indicating active market participation and potential buy pressure.
The number of wallets holding XRP has exceeded 8 million, indicating strong retail participation despite a significant drop in the token's price.
Solana price is expected to rally in April after a prolonged decline, potentially reaching above 100 again.
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