SecondFi, formerly Yoroi, revealed a security flaw in its web wallet generation software that allowed hackers to steal about 16 million ADA, worth roughly $2.4 million, from 178 users. The company suspended services, froze user balances, and hired a blockchain security firm to investigate. Users are urged to move assets to other wallets immediately due to ongoing risks. The breach also triggered scams targeting affected users, while the Cardano community works to manage the fallout and consider compensation options.
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 indepen...
Cardano's ADA currently trades around $0.15 with a market cap near $5.6–$5.9 billion. Projections for 2031 vary: a baseline scenario expects ADA to reach $0.60–$1.00, reflecting steady growth and improved governance. An optimistic outlook sees prices...
Cardano (ADA) has been trading mostly sideways recently, reflecting broader hesitation in the crypto market and a 6% drop over the past week. Analysts are divided: some see potential for a rally if market sentiment improves, citing historical price s...
Cardano is launching a public testnet called Musashi Dojo to trial its new consensus upgrade, Ouroboros Leios, which aims to increase transaction throughput by 10 to 65 times while maintaining security and decentralization. This upgrade introduces in...
Cardano is launching the Musashi Dojo Testnet at the end of June as part of a multi-phase program to test its Ouroboros Leios scaling upgrade, planned for mainnet deployment by the end of 2026. Leios aims to increase transaction capacity by introduci...
