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.
Tether has filed seven trademark applications in South Korea, covering its name, logo, and Tether Gold, marking a significant shift in its strategy to establish a business presence in the country.
Ethereum's market structure shows resilience despite recent selling pressure, maintaining critical support levels.
A crypto expert predicts a potential supply crisis for XRP as demand may soon outstrip available exchange reserves.
WhiteBIT has launched a dedicated platform for UK users, enhancing access to crypto markets and offering features like spot trading and GBP funding.
Technological advancements around the XRP Ledger, including zero-knowledge proof capabilities and the DNA Protocol project, may drive increased adoption by enabling institutions to verify identity and regulatory requirements without exposing private data.
Ethereum has emerged as the leader in the tokenization of real-world assets (RWA), boasting a market share of 67% in this sector.
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