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.
Senator Blumenthal investigates Binance for possible sanctions violations.
The US Treasury Department has issued an ultimatum to Binance, requiring compliance with oversight measures amid allegations of facilitating illicit cryptocurrency activities linked to Iran.
Arthur Hayes defends the altcoin market at Consensus 2026, emphasizing the importance of privacy-focused cryptocurrencies like Zcash and highlighting Hyperliquid as a promising decentralized trading platform.
Despite Bitcoin's upward movement, several internal market signals indicate that the current rally may be losing momentum.
Samson Mow emphasizes the need for flexibility in Bitcoin treasury strategies, arguing that selling Bitcoin can protect shareholders and manage market pressures.
Crypto analyst Doctor Profit predicts that Bitcoin is in its final stage of a bull trap before a significant downtrend, anticipating a drop to around 50,000.
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