Cardano whale wallets holding at least 1 million ADA have reached a record combined balance of 25.09 billion ADA, controlling 67.47% of circulating supply. This accumulation continues despite ADA losing nearly 71% of its market value over nine months, indicating strong long-term confidence from large holders. Since early 2026, whales have added 410 million ADA, while smaller investors have been selling, shifting supply toward whales. This trend could stabilize the market and support future price recovery but also raises risks if whales sell during rallies.
Cardano is close to implementing its van Rossem hard fork, which will upgrade the network to Protocol Version 11, enhancing performance, security, and ledger consistency. Most governance votes have passed, including strong support from DReps, SPOs, a...
Bitcoin dropped 1.8% to around $62,853 following renewed US-Iran military clashes near the Strait of Hormuz, which also pushed oil prices above $74 per barrel. The geopolitical tensions caused investors to flee riskier assets, impacting equities and ...
Cardano founder Charles Hoskinson reassured that the Cardano blockchain remains secure despite a recent hack affecting the third-party SeccFi wallet, clarifying that the core protocol was not compromised. He highlighted ongoing tests of new features ...
In late June, an exploit drained about 16 million ADA ($2.4 million) from 374 Cardano wallets via the SecondFi protocol. EMURGO, a founding entity of Cardano, announced a two-week plan to recover and return the stolen assets without rolling back the ...
Charles Hoskinson, founder of Cardano, has publicly denied rumors that he is retiring from the project, calling the claims completely false and based on out-of-context clips. This comes during a challenging time for Cardano, with ADA trading near $0....
