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.
QCAD enables near-instant, low-cost transactions, acting as a bridge to Canada's digital economy.
Canada has officially entered the stablecoin era with the approval of QCAD, marking the country's first regulatory-compliant Canadian dollar-backed digital token.
Stablecorp's leadership emphasizes the broader significance of the launch of QCAD, highlighting its potential to enhance Canada's digital finance landscape.
The current market downturn is reminiscent of past crashes, such as the March 2020 COVID crash and the late 2022 FTX collapse. Experts highlight that historical trends suggest that post-crash rebounds can take time, with uncertainty in macroeconomic conditions playing a critical role.
The Social Security Fairness Act removes previous benefit reductions for retirees with noncovered pensions, allowing for increased benefits.
Retirees can significantly increase their Social Security income by strategically delaying benefits and understanding their Full Retirement Age.
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