New analysis suggests co-founder Charles Hoskinson may be connected to large ADA transfers around Cardano's 2021 price peak, sparking debate over transparency in early token distribution. The Cardano Foundation denies involvement and stresses independence from these transactions. This renewed scrutiny arises amid ongoing market pressure on ADA and highlights unresolved concerns about governance and token management. Hoskinson reaffirmed his commitment to Cardano, aiming to calm community fears.
Charles Hoskinson, founder of Cardano (ADA), reaffirmed his dedication to ADA, stating he has not sold any ADA tokens since 2017 despite criticism and market downturns. He emphasized that his focus is on the ecosystem's growth and long-term value, li...
The CoinDesk 20 Index rose 0.5% to 1682.86, with 15 of 20 cryptocurrencies trading higher. Aave (AAVE) was the top performer, gaining 5.9%, followed by Internet Computer (ICP) up 2%. Meanwhile, Stellar (XLM) and Cardano (ADA) lagged, falling 1.4% and...
SecondFi's wallet generator software had a critical vulnerability exposing private keys, putting around 178 Cardano wallets at risk and causing confirmed losses of $16 million in ADA and other assets. Security firm SlowMist estimates total potential ...
SecondFi, a Cardano ecosystem wallet project, identified a security breach linked to its native Cardano web wallet generation software, causing an estimated loss of around 16 million ADA. Security firm SlowMist suggests the actual losses could exceed...
SecondFi, formerly Yoroi, suffered a critical security breach on June 23 due to a flaw in its wallet key generation, compromising 178 wallets and resulting in confirmed losses of about 16 million ADA ($2.4 million). Security firm SlowMist warns total...
