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, linking ADA's price to its network utility and security. Hoskinson acknowledged current challenges like ecosystem shutdowns and funding concerns but highlighted ongoing development efforts in DeFi, scaling, and governance. His remarks come amid debates on treasury spending and transparency, with a warning about potential project failures if support declines.
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...
A security flaw in SecondFi, formerly Yoroi wallet for Cardano, exposed private keys and led to over $20 million in potential losses across about 178 wallets. The platform suspended services and urged users to move funds to new wallets immediately to...
