Cardano activity is showing signs of recovery after EMURGO addressed user concerns tied to Yoroi wallet syncing and connection lag. The issue was a client-side wallet problem, not a protocol exploit, and there has been no indication that user funds were lost or that the Cardano network itself was compromised. TL;DR EMURGO patched Yoroi wallet…
Tag: ADA
SecondFi Completes Refund Snapshot for Wallets Impacted by Recent Cardano Exploit
TL;DR SecondFi completed a final balance snapshot on June 26, 2026, after a Cardano wallet exploit. The snapshot covers 374 compromised wallets affected between June 21 and June 23. The snapshot is a refund-preparation step, not confirmation that users have already been paid. We have completed the final balance snapshot for affected wallets. — SecondFi…
Charles Hoskinson Explores Zero-Knowledge Wallet Recovery to Remove Seed Phrase Risks
TL;DR Charles Hoskinson discussed an experimental wallet recovery design using zero-knowledge proofs. The idea would allow users to prove ownership without exposing a 24-word seed phrase. The concept remains experimental and should not be framed as a live Cardano wallet feature. Self-Custody Ux And Cryptographic Recovery: Why This Story Matters Charles Hoskinson Explores Zero-Knowledge Wallet…
Cardano’s Oldest Holders Are Moving Again — Here’s What The Data Shows
About 16 million ADA left exchanges for self-custody wallets in a single 24-hour window, according to Coinglass spot flow data — a shift that points to quiet Cardano accumulation while prices remain under pressure. Cardano: Big Move Off Exchanges Coinglass data shows that Cardano spot inflows over that period came in at $30 million, while…
Dormant Cardano Whales Suddenly Come Alive: Is A Turning Point Near?
On-chain data reveals Cardano has observed increased transactions involving dormant coins recently, suggesting that the price decline has caused long-term holders to become active again. Cardano Has Seen Spikes In Age Consumed Recently As pointed out by on-chain analytics firm Santiment in an X dormant Cardano wallets have lately been on the move. The indicator…
Cardano Price Crash Exposes ADA’s Deeper Problem, Says Longtime Bull
Longtime Cardano supporter and crypto commentator Dan Gambardello said ADA’s steep decline has exposed deeper frustrations inside the Cardano ecosystem, even as he maintained that the project’s underlying technology remains among the strongest in crypto. In a lengthy post on X, Gambardello framed the issue as bigger than price alone. He argued that Cardano’s more…
Cardano Crashes To 5-Year Lows As Hoskinson’s Warning Sparks Market Panic
Cardano has come under intense pressure after plunging to its lowest price level in over five years, triggering a wave of fear across the cryptocurrency market. The sharp decline follows growing concerns about the ecosystem’s future after founder Charles Hoskinson warned of potential challenges ahead, leaving investors questioning whether ADA is approaching a historic buying…
Cardano Price Could Close May Below This Multi-Year Support — What’s Next?
After hitting its cycle high last August, the Cardano price has continued in a downward slope toward lows not seen since 2024. Despite the calls of an altseason early into May, the ADA token has erased all the gains realized at the beginning of the month. Interestingly, the current Cardano price structure suggests the altcoin…
Cardano Millionaire Wallets Reach Highest ADA Holdings Since 2017
On-chain data shows the Cardano addresses with at least 1 million tokens have seen their combined holdings hit the highest point since 2017. Large Cardano Holders Have Continued To Accumulate Recently In a new Supply Distribution,” here refers to an indicator that tells us about the amount of ADA supply that a given wallet group…
Zcash (ZEC) Rockets 1,200%—Expert Says ZEC Could Soon Outgrow Cardano (ADA)
Zcash (ZEC), the market’s leading privacy-focused cryptocurrency, has delivered a massive performance, with year-to-date data showing ZEC is up more than 1,200%, dramatically outpacing major coins. Cardano (ADA), by contrast, has been in a very different posture, with the same period showing a roughly 66% retrace. The divergence has been so pronounced that Zcash briefly…