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.
XRP is trading around the critical $1 level, which is being closely monitored by traders as the cryptocurrency market awaits direction.
Open Standard has launched Open USD, a dollar-backed stablecoin supported by over 140 businesses, aiming to challenge market leaders Tether and Circle.
Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.
A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.
A new editorial policy has been established to enhance the quality of content.
Experts discuss the improbability of Shiba Inu SHIB reaching the 1 price level due to its high supply and market cap implications.
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