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 exclusion of Bitcoin from the Digital Asset PARITY Act's tax exemption has sparked significant debate within the crypto industry, highlighting divisions between supporters and advocates.
The PARITY Act and the competing Lummis bill differ significantly in their approach to crypto tax exemptions.
The shift from manual operations to automated execution is accelerating in the futures markets, driven by the advantages of futures contracts.
CFTC Chairman Michael Selig announced plans to create a framework for crypto perpetual futures during the Milken Institute Future of Finance conference.
OneBullEx has launched a futures-focused derivatives exchange, providing a seamless infrastructure for automated trading.
Umbra's public launch follows high demand for privacy solutions.
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