Cardano | Crypto

The developers’ conditional 2029 fee benchmark depends on sustained paying usage, leaving delegators, pool operators and users exposed to different adjustments. The post Cardano’s Leios 6x scaling breakthrough comes with a much harder ADA problem appeared first on CryptoSlate.

The pre-boundary vote shows how non-participating SPO stake can weigh against renewal even without an explicit No. The post Cardano clears key voting thresholds for constitutional committee renewal by 0.18% margin appeared first on CryptoSlate.

Cardano’s DReps and SPOs are below threshold, while Solana’s validator defaults, staker overrides and conflicting pass rules complicate what low turnout means. The post Cardano and Solana just exposed crypto governance’s biggest weakness appeared first on CryptoSlate.

DRep support is 25.3 points short and SPO support is 39.0 points short before the Sept. 1 expiry. The post Cardano has days to close two huge voting gaps before governance hits a 3-seat bottleneck appeared first on CryptoSlate.

An Aug. 17 snapshot showed 32.46% DRep and 1.95% SPO support, with enactment barred before epoch 653. The post Cardano has two weeks to avoid a governance freeze as 4 committee seats expire appeared first on CryptoSlate.

Grayscale withdrew its registration for the Cardano Trust ETF on Aug. 7, telling the SEC only that it “does not intend to proceed with the planned distribution.” The move was voluntary and came along with parallel registrations for Hedera and Polkadot, within about three minutes of each other that same afternoon. Two days later, ADA […] The post Cardano finally cleared the SEC shortcut for a spot ETF, but its last remaining sponsor quit two days too early appeared first on CryptoSlate.

Crypto’s favorite buy-the-dip strategy failed to make money for Ethereum and Cardano investors who stuck with it since the start of 2022. An investor who placed $100 into Ethereum every month from January 2022 through August 2026 would have contributed $5,600 but ended up with about $4,898, a 12.5% loss, CryptoRank data showed. The same […] The post Bitcoin, XRP, Solana and Tron beat Ethereum and Cardano every month since 2022 on investor buying appeared first on CryptoSlate.

Cardano is showing strength across several metrics, from ADA's 26% weekly gain and whale buying to rising TVL and development.

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.

The upgrade reduces smart contract execution costs while laying the groundwork for Ouroboros Leios, a major scalability upgrade expected later this year. Cardano has activated its van Rossem hard fork as of Saturday, upgrading the Cardano mainnet to version 11, which is expected to lower smart contract execution costs and lay the groundwork for Ouroboros Leios, a major scalability upgrade for the protocol.  Onchain data from Cardanoscan shows the network moved from Protocol Version 10 in epoch 643 to Version 11 in epoch 644. “As well as Plutus improvements and Plutus Cost Model enhancements, this upgrade lays the foundation for the next upgrade, the Dijkstra era hard fork, which will introduce Ouroboros Leios to Cardano,” Input Output wrote in a weekly development report on Friday. Read more

Cardano open interest rises 4% to $421M with a 0.58 long-to-short ratio as whale accumulation hits 2023 highs before the July 18 Van Rossem hard fork. The post Cardano News: Cardano’s Van Rossem Hard Fork Activates Tomorrow, And Whales Are Buying While Traders Go Short appeared first on Cryptonews.

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.

SecondFi says it has completed forensic investigations, taken a final balance snapshot and is preparing to return assets. Cardano wallet SecondFi has identified a recovery path for users affected by Tuesday's exploit and expects to begin returning assets in about two weeks, following testing and security reviews. According to a Saturday statement by Phillip Pon, CEO of SecondFi developer Emurgo, the company completed forensic investigations and established a recovery pathway for affected users. Pon said the coming week would be spent building the solution, followed by another week of testing before assets begin to be returned. Pon urged users to refrain from migrating assets or taking actions outside official guidance, saying the recovery process was designed around existing wallet states and that independent action could complicate the secure return of funds. Read more

Cardano has opened public testing for a major throughput upgrade and advanced a mainnet hard fork, pushing forward the blockchain’s most consequential architectural changes in years. These milestones are arriving alongside a sharp decline in ADA and a multimillion-dollar wallet exploit, widening the divide between Cardano’s engineering progress and the condition of the ecosystem built […] The post Cardano’s scaling overhaul hit by a user confidence gap widened by ADA’s slump and wallet exploit appeared first on CryptoSlate.

Cardano wallet SecondFi traced the incident to an address-level issue and secured 129 million ADA after attackers drained funds from 374 addresses. A vulnerability in Cardano-based wallet SecondFi allowed attackers to drain user funds, resulting in major losses. SecondFi on Wednesday confirmed it had identified the root cause of the exploit and is now engaging with Cardano ecosystem platforms and blockchain investigators to address the issue. The company also said it triggered emergency measures that secured roughly 129 million ADA, which is being transferred to an independent third-party custodian and held for affected users pending verification. Read more

ADA Price Hits 2020 Low — Can Flare's FXRP Save Cardano? The post Cardano News: ADA Hits Multi-Year Low as Whales Sell, Can this be The End of Cardano? appeared first on Cryptonews.

Charles Hoskinson raised the possibility of splitting Cardano after the collapse of one of its best-known ecosystem tools exposed a deeper fight over money, governance, and who has the power to keep builders alive on the network. This week, the Cardano founder floated what he called a “nuclear option,” saying a new Cardano could be […] The post Cardano founder floats splitting his own blockchain after warning more apps will die appeared first on CryptoSlate.

Cardano dominated crypto discussions after Charles Hoskinson warned of ecosystem failures and announced he was taking a break.

Charles Hoskinson has announced that he is “taking a break” from the pressure around Cardano after an emotional plea to the community. His remarks, however, point to frustration rather than abandonment. It seems that the Cardano founder is openly questioning his remaining power over the network at a time when ADA holders are blaming him […] The post Cardano founder Charles Hoskinson takes “a break” – exposing who really controls ADA’s next move appeared first on CryptoSlate.

TapTools Shuts Down After 4 Years, Leaving Cardano Blind The post Cardano’s Most Important Analytics Platform Is Shutting Down After Losing 5 Executives in One Year appeared first on Cryptonews.