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.
Senators negotiating the stablecoin yield issue are making progress, with a draft compromise expected to be released later this week.
Bitcoin's price has risen to over $75,000, marking its highest level since early February, driven by significant short liquidations.
Ethereum and other major cryptocurrencies have seen substantial price increases, contributing to the overall positive sentiment in the crypto market.
Evernorth is collaborating with XRPL developers to introduce native XRP lending through the proposed XLS66 amendment, unlocking up to 100 billion in idle XRP capital for holders.
NHN KCP partners with Avalanche to create a new Layer 1 blockchain focused on real-world payments.
Nikita Bier's post about launching cryptocurrency integration on X has generated significant buzz in the crypto community.
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