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 blockchain ledger, marking a pioneering attempt at restitution on a decentralized chain. Independent forensic experts challenged parts of the official narrative, complicating victim eligibility for recovery. This experiment tests whether blockchain ecosystems can compensate theft victims while preserving decentralization and ledger finality, with results that could influence future crypto governance and institutional adoption.
Bitcoin hovered around $63,700 to $64,215 amid cautious trading ahead of the U.S. July inflation report. Large holders, or whales, accumulated 46,420 BTC, the biggest 60-day increase since March, while smaller holders sold about 9,700 BTC. Spot Bitco...
Large Cardano (ADA) holders have quietly reduced their positions following a price rebound above $0.20, with wallets holding 1M-10M ADA dropping from 2,370 to 2,340 in nine days. This coordinated selling coincides with technical indicators signaling ...
Bitcoin traded near $63,700 on Aug. 12, with most major cryptocurrencies edging higher ahead of the July U.S. inflation report. Dogecoin and BNB led gains, while Bitcoin struggled to hold above $65,000 amid mixed ETF flows and rising oil prices, whic...
Large Cardano (ADA) holders, known as whales, have started selling significant amounts of ADA tokens following recent bearish market signals, including a 'death cross' on key metrics. This coordinated sell-off has caused ADA's price to drop from $0.2...
Cardano (ADA) price fell about 4.7% to near $0.1885 on August 11 after Grayscale withdrew its Cardano ETF registration, citing no plans to distribute shares. This withdrawal came just before Cardano futures on CME completed six months of trading, mee...
