SecondFi, a Cardano wallet service, is closing after attackers exploited a software flaw to steal 16.1 million ADA (about $2.4 million) from 374 wallets. The vulnerability allowed private keys to be derived from transaction data on the blockchain, though the Cardano network itself was not compromised. SecondFi plans to release wallet export tools and a recovery portal in August, but no timeline for fund recovery has been set. The attack was sophisticated, with possible links to North Korea's Lazarus Group, though this is unconfirmed.
Cardano (ADA) is trading around $0.16, supported by a key demand zone between $0.14 and $0.17, with its weekly RSI indicating extreme oversold conditions. Technical analysts have identified a possible inverse head-and-shoulders pattern that could sig...
Cardano (ADA) is recovering from a prolonged weakness, currently trading around $0.175 and gaining momentum above key short-term moving averages. The cryptocurrency broke out of a long horizontal trading range between $0.15 and $0.16, signaling impro...
XRP, Cardano (ADA), Stellar (XLM), and Bitcoin (BTC) are showing early signs of bullish recovery after periods of decline. XRP is forming an ascending triangle with rising support, indicating potential for a longer recovery if resistance levels are o...
Cardano plans to invest $19.2 million in the PRIME initiative to boost its DeFi total value locked (TVL) from $90 million to $200 million over 12 months by improving liquidity and DeFi products. The proposal includes audits, incentives, and marketing...
Cardano's price surged 9.3% to $0.176 following the activation of Protocol Version 11 via the Van Rossem hard fork, marking the first major upgrade fully ratified through on-chain governance. The upgrade introduced new smart contract features and sec...
