SecondFi has announced it will not return to normal operations following a security breach that drained about 16 million ADA from 374 wallets. EMURGO, the company behind SecondFi, is prioritizing asset recovery for affected users and has halted product operations. They are developing tools for wallet status checks, safe migration routes, and a recovery fund. Independent audits and patches are ongoing, with a focus on safety before resuming any services. Users are urged to migrate away from SecondFi using official channels to avoid scams.
Cardano (ADA) rallied over 31% last week, reaching a peak near $0.199 before settling around $0.188. The surge followed a low near $0.14 in late June and was supported by new wallet growth and increased futures open interest hitting $515 million, sig...
Cardano has seen a 33.09% price rebound over the past week, supported by the return of 14,783 new ADA wallets since its low on June 23. This recovery follows a period of heavy selling and community uncertainty fueled by ecosystem challenges and misin...
Cardano (ADA) started Q3 with a strong 30% rally, outperforming many altcoins, but it faces resistance at the $0.20 level, which it has struggled to break before. Despite a significant drop in total value locked (TVL) by nearly 68% over the past year...
The US dollar slid toward two-week lows after a weak June jobs report showing only 57,000 new nonfarm jobs, which lowered expectations for Federal Reserve rate hikes. This shift reduced the odds of a September rate increase from 65% to about 50%, eas...
This week, crypto markets saw a technical recovery led by Bitcoin reclaiming key support, which boosted sentiment and triggered gains in altcoins. MemeCore surged 110% following a $10 million buyback program, Cardano rallied 33.5% ahead of a major pr...
