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.
The crypto market remains range-bound with Bitcoin trading around $62,900, showing little daily movement but down over 3% weekly. Regulatory setbacks in the US, including the SEC delaying a key crypto rule vote and stalled Senate action on the CLARIT...
Cardano's price is maintaining the key $0.18 support level while its decentralized finance (DeFi) total value locked (TVL) increased by over 14 million ADA since early August, reaching about $66.65 million. This growth follows the recent Van Rossem u...
Cardano (ADA) has flipped its SuperTrend indicator from red to green, suggesting a bullish trend as the price breaks through $0.18 resistance. This follows a double bottom formation and oversold conditions indicated by the Stochastic RSI, hinting the...
Cardano's Total Value Locked (TVL) in DeFi increased by 14 million ADA since August 8, reaching a value of $66.65 million, signaling growing network activity after recent upgrades. However, institutional interest is waning, with Cardano futures volum...
Cardano (ADA) is consolidating around $0.18 with a market cap near $6.9 billion, facing strong resistance between $0.20 and $0.21. Technical indicators like the TD9 sell signal and a declining MVRV ratio suggest growing bearish pressure, with critica...
