Cardano (ADA) has gained 11% in May 2026, trading near $0.27–$0.28, driven by a US legislative update that no longer classifies ADA as a security and strong accumulation by large holders controlling 67.47% of circulating supply. The revised CLARITY Act, praised by Cardano's founder Charles Hoskinson, supports decentralized networks like Cardano, boosting investor confidence. Technical indicators suggest potential for a breakout above $0.28 targeting $0.34, but risks remain due to high long positions and regulatory uncertainties. Futures open interest has also increased significantly, reflecting growing market interest.
Cardano wallet provider SecondFi announced it will shut down its services, including the Yoroi wallet it managed, following a security breach that led to the theft of about $2.6 million worth of ADA from 374 wallets. Attackers exploited a flaw that a...
SecondFi, a Cardano wallet service, is shutting down after a security flaw led to the theft of 16.1 million ADA (about $2.4 million) from 374 wallets. The breach exploited a vulnerability in the transaction-signing software, but the Cardano network i...
SecondFi suffered a security breach from June 21-23, losing about 16.1 million ADA (around $2.6 million) from 374 wallets due to a cryptographic flaw in its wallet software exploited by sophisticated attackers. An investigation revealed the vulnerabi...
SecondFi, a Cardano wallet service, is closing after attackers exploited a software flaw to steal 16.1 million ADA (about $2.4 million) from 374 wallets. The vulnerability allowed private keys to be derived from transaction data on the blockchain, th...
Cardano (ADA) is trading around $0.16, supported by a key demand zone between $0.14 and $0.17, with its weekly RSI indicating extreme oversold conditions. Technical analysts have identified a possible inverse head-and-shoulders pattern that could sig...
