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 enabled by an upcoming major protocol upgrade, including advanced zero-knowledge proof verification to enhance wallet security and recovery options. Hoskinson emphasized the importance of independent audits and transparency in investigating the hack and noted that Cardano's broader development plans, including RealFi and Bitcoin DeFi integration, remain on track. He expressed confidence that the incident will ultimately strengthen the ecosystem by promoting higher security standards and innovation.
Solana secured a significant partnership with Japan's SBI Holdings to launch stablecoins and tokenize assets, sparking controversy within the Cardano community, which historically relied heavily on Japanese investors. Charles Hoskinson, Cardano's fou...
Bitcoin fell about 1.4% to around $63,000 as renewed US-Iran hostilities caused risk-off sentiment, leading traders to take profits after a recent rally. Despite the drop, Bitcoin remains within its $59,000 to $66,000 trading range and has seen its f...
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 ...
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 ...
