According to CoinDesk, the "February 2024 Cryptocurrency Loss Report" released by Immunefi shows that so far in 2024, the losses caused by hacker attacks and blanket pulls have reached $205 million, a year-on-year increase of 15.4%. In February alone, the losses caused by hacker attacks and blanket pulls reached $67.1 million, and the Ethereum chain became the most attacked target. Hacker attacks are still the main cause of losses, accounting for $65.4 million.
Marathon Digital Holdings, a publicly traded Bitcoin mining company, reportedly disclosed that it is incubating a new programmable multi-chain layer 2 network called Anduro, which is built on top of the Bitcoin blockchain. Marathon has developed the first two sidechains, Coordinate and Alys, on Anduro, which can be further developed by open source contributors. Coordinate provides a cost-effective UTXO stack for the Ordinals community, while Alys is an Ethereum-compatible chain suitable for institutional asset tokenization.
According to CoinDesk, Shiba Inu plans to introduce a new privacy network on the Shibarium blockchain to increase the value of SHIB tokens. Shiba Inu is working with open source cryptography company Zama to develop the yet-to-be-named network. The network will use fully homomorphic encryption (FHE) technology, a privacy tool that allows developers to use data on untrusted domains without decryption.
