Trust News
Public coverage, official project updates, and TokenShield events for Cardano.
Cardano’s governance and ability to enact upgrades make it better equipped to respond to existential technical threats, said Hoskinson.
A major exploit involving a bridge connected to the Cardano ecosystem sent Midnight’s NIGHT token to an all-time low on July 20 after an attacker drained roughly 515 million tokens from infrastructure operated by Wanchain. The tokens were removed from a Cardano-side lock address backing NIGHT bridged to BNB Chain, leaving only a fraction of […] The post 515M NIGHT bridge exploit rocks Cardano but ADA jumps 8% anyway after landmark hard fork appeared first on CryptoSlate.
For the first time in Cardano's history, no company flipped the switch on a major protocol update.
The Van Rossem hard fork moved Cardano to version 11 on Saturday. And for the first time, Cardano's community voted in the upgrade, not the company that built it.
The upgrade reduces smart contract execution costs while laying the groundwork for Ouroboros Leios, a major scalability upgrade expected later this year.
Input Output is handing its core infrastructure to outside teams as ADA gets a lift from an imminent protocol upgrade.
Input Output will transfer control of the Haskell node, Plutus, Hydra and other components as founder Charles Hoskinson says the network must change and start growing again.
We don’t need to imagine the privacy pitfalls of age verification. They’ve been happening for years, argues Cardano Foundation CEO Frederik Gregaard.
EMURGO said it is stepping down from its role in Pentad, the five-member group coordinating Cardano's infrastructure funding, to focus resources on recovering funds lost in the SecondFi exploit. The attack exploited a flaw in SecondFi's wallet address-generation system, draining roughly $2.4 million in ADA from 374 wallets. A wallet-layer product failed, and EMURGO, one […] The post Cardano’s wallet hack exposed the user layer holding its on-chain government together appeared first on CryptoSlate.
The exploit, which leveraged a flaw in the wallet's address generation system, drained roughly 16 million ADA worth about $2.4 million.
Community sentiment on this update only. Not financial advice.