Cardano experienced a dramatic 1917.11% drop in spot flows within four hours, with outflows surpassing inflows by $303,100, indicating increased buying activity despite a 4.6% price decline to $0.166. This shift in capital movement suggests traders are withdrawing ADA from exchanges, possibly signaling confidence or a market turning point. Meanwhile, Cardano is preparing for its next major upgrade, the Dijkstra hard fork, following the recent successful van Rossem upgrade, which marks continued development and governance progress for the network.
Charles Hoskinson, founder of Cardano and former Ethereum co-founder, criticized Ethereum's governance model for lacking sustainable funding and relying on a few large organizations. He advocates for more decentralized governance through token holder...
The staking market saw mixed performance this week as Hyperliquid's staked market cap fell sharply by 12.59%, contrasting with stable gains in Ethereum (+0.77%) and Solana (+0.73%). Despite strong staking participation in networks like Bittensor and ...
Cardano wallet provider SecondFi announced it will shut down its services, including the Yoroi wallet it managed, following a security breach that led to the theft of about $2.6 million worth of ADA from 374 wallets. Attackers exploited a flaw that a...
SecondFi, a Cardano wallet service, is shutting down after a security flaw led to the theft of 16.1 million ADA (about $2.4 million) from 374 wallets. The breach exploited a vulnerability in the transaction-signing software, but the Cardano network i...
SecondFi suffered a security breach from June 21-23, losing about 16.1 million ADA (around $2.6 million) from 374 wallets due to a cryptographic flaw in its wallet software exploited by sophisticated attackers. An investigation revealed the vulnerabi...
