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.
Sui is revolutionizing stablecoin transfers by eliminating the need for separate gas tokens, which significantly improves transaction efficiency and cost-effectiveness.
Ondo Finance announces the unexpected passing of its cofounder and CEO, Nathan Allman, and appoints Ian De Bode as the new CEO to ensure leadership continuity.
Top-tier ADA investors are adjusting their strategies and accumulating ADA amid market volatility, indicating a shift in focus from price action to long-term potential.
Crypto analysts suggest that the next target for Bitcoin bulls is the CME gap around 79,450, but significant resistance is expected.
SUI is showing signs of a potential rebound after testing key support levels, indicating a shift in market momentum.
The launch of multiple ETFs linked to HYPE has attracted significant institutional interest, contributing to its market rise.
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