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 current bear market for Bitcoin has entered a deeper corrective phase, indicating a transition from an early pullback into a more mature bearish stage.
Global investors are rebalancing portfolios as Japanese government bonds regain appeal following Japan's snap election, impacting global markets.
Elon Musk has announced his ambitious vision to build a self-growing city on the Moon with SpaceX.
The WLFI investigation led by Congressman Ro Khanna explores national security concerns linked to financial transactions and US controls on AI semiconductor exports.
WLFI investigation examines stablecoin's role in UAE investment.
The XRP Ledger has successfully removed barriers for banks, enabling direct settlement and potentially facilitating billions in inflows.
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