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What shaped Ethereum in 2024?
It seems pretty challenging to find a common denominator, but there were some milestones no one can’t argue about being included. Here are my top-3 picks in chronological order:
Cardano (ADA) is a Proof-of-Stake (PoS) Layer-1 network launched in 2017. Cardano aims to provide security, scalability, and functionality to decentralized applications and systems building atop the network. In addition to its community of developers, node operators, and projects, Cardano is supported by entities like Input Output Global (IOG), Cardano Foundation, EMURGO, and others. These entities support the network’s development, adoption, and finances as Cardano moves toward the age of Voltaire, the final phase of its roadmap.
Odos DAO posted on X platform, stating that they have noticed phishing email attacks related to the "ODOS Loyalty Program" in the community and reminded users to be cautious. Odos DAO and ODOS will not send emails to users. All official communication is only conducted through verified Twitter accounts. Do not click on any suspicious links.
According to a report summarizing key security trends in 2024 by Cyvers, Web3 network threats will increase sharply in 2024, resulting in losses of over 2.3 billion US dollars and a total of 165 security incidents. Although the loss amount is 40% higher than in 2023 (1.69 billion US dollars), it is still 1.42 billion US dollars lower than in 2022 (3.78 billion US dollars). It is worth noting that 1.3 billion US dollars of stolen funds were recovered this year.
Tether, the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into the right-leaning streaming platform Rumble.
Last month, it announced it would allocate up to $20 million of its excess cash reserves to bitcoin.
The last two years have been remarkable for Solana, recording a staggering price appreciation of +2,143%. In this article, we utilize the new breakdown metrics for Solana to inspect and understand the underlying capital flows responsible for the dramatic ascent.
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