Jason Appleton (Crypto Crow)

In Crypto since 2017. Cardano DREP: drep1ytfwpmt2fvdnyvlswyjyggpf8alwkpm7ha6cua9nsak525ssmvm57 Crypto Bull - AI Builder and Automations - Educator

[Jason Appleton (Crypto Crow) @jasonappleton]

If you are a PolyMarket super user and this UI doesn't intimidate you, join our https://t.co/Ns6g8vsH6o beta tester TG group: https://t.co/oXzvaefU0y

[Pete | Beware of Scammers @astroboysoup]

BTC Karma is live on Cardano mainnet.

This matters because Bitcoin holders can interact without bridging their BTC.

Phase 1 is about staking BTC, earning $KARMA, and building access for future yield opportunities.

Phase 2 is where it gets more interesting: BTC collateral stays on Bitcoin while Cardano DeFi does the work behind it.

This is one to watch.

*This is not a paid promotion.

[Phil 🪏 @phil_uplc]

Here is a webapp I wrote to facilitate safe migration of wallets that I have been sharing with users I verified as impacted since the original incident occurred.

My legal counsel finally gave approval to publish the tool publicly:
https://t.co/XV7pX8MTmM

You can use "Get Me Outta Here", and it will handle the corner cases that can result in loss of funds.

Note that the tool is use at your own risk, it performs the safe migration handling the known edge-cases, however it doesn't guarantee comprehensiveness and there may be uncovered edge-cases that even this tool is not equipped to handle.

[BSCN @BSCNews]

Hoskinson Advances Cardano Recovery Plan After SecondFi Exploit

Cardano founder Charles Hoskinson (@IOHK_Charles) is experimenting with a smart contract that could help recover funds from compromised wallets.

According to Hoskinson, the contract would use a zero knowledge proof to verify possession of a wallet's 24-word seed phrase.

It is designed to vend cardano:native and Cardano native tokens from a recovery pool to verified owners.

Hoskinson said he will coordinate with the Midnight team and key developers on findings.

The move comes in the wake of the recent Cardano wallet exploit that led to multimillion dollar losses across the ecosystem.

[Jason Appleton (Crypto Crow) @jasonappleton]

While I agree that founding entities should not have such an abundance of voting power in a decentralized gov model, the truth is, most people dont know much, understand, or even care to learn about all it takes to take on a thankless job like this, which is why I believe institutions will eventually take over. Cardano is still a baby in the cryptoverse with a lot of growing to do on all fronts and I do believe your frustration and that of others is what forces this growth to occur faster. Thats the beauty of this gov model. We CAN effect change. But it takes a lot of work and I think right now, most prefer to play arm chair QB while waiting for others to take it all on. I'm busy with life while trying to stay on top of proposals, just moved, etc. I think this venture has your name written on it. Let me know how I can help.

[Jason Appleton (Crypto Crow) @jasonappleton]

@the_c0nnector @TheOCcryptobro @emurgo_io I actually agree with this, 100%. Its not truly decentralized governance if the founding entities were awarded majority voting power through ADA distributions. So, @TheOCcryptobro should prepare a proposal for vote to do something about this.

[Pulse | Midnight’s Privacy DEX @pulseonmidnight]

Just completed what we think is the 1st Cardano to Midnight bridge transaction in history 🔥

Transactions: 📩

Cardano: https://t.co/s3I6Tb11qs

Midnight: https://t.co/Dqsi1jzuJY

[Wendy O @CryptoWendyO]

Congrats to the Cardano Community!

Musashi Dojo is live!

@IOGroup launches the public testnet for Ouroboros Leios on Cardano with @Cardano_CF @IntersectMBO and @blinklabs_io

Basically, faster transactions with the same security, decentralization, and backward compatibility.

[Charles Hoskinson @IOHK_Charles]

I've begun experimenting how to develop a recovery smart contract that can vend out from a pool of Ada and CNTs using a zero knowledge proof of possessing the 24 keywords that generate a wallet. I'll sync with @Quantumplation @SebastienGllmt and the Midnight team on what is discovered.

[Eric Waisanen 🪏 @EricWaisanen]

Talking Cardano DeFi

[Jason Appleton (Crypto Crow) @jasonappleton]

Whoever helped them resolve this better be rich AF when its concluded. haha

[Mintern @MinswapIntern]

UPDATE

EMURGO COMMITS TO REIMBURSING SECONDFI VICTIMS 😱😱😱

@emurgo_io says its investigation has confirmed that 374 wallet addresses were impacted in the @secondfiapp security incident, with approximately 16 million $ADA ($2.4M) compromised.

The team says it has already secured roughly 129 million ADA through emergency containment efforts and has established a dedicated restoration fund to reimburse affected users.

SecondFi will remain in maintenance mode until independent security audits are completed and the platform is deemed safe to reopen.

EMURGO says it remains committed to returning assets to all affected users and pursuing legal action against those responsible.

[optictopic @Optictopic]

@jasonappleton Dossiercrypto is worth following.

https://t.co/Zarbkljpsg

[Jure @JureKaramarko]

🏗️🤝 @jasonappleton and more #CardanoNews 👇https://t.co/UzBqOPatBT

[Jason Appleton (Crypto Crow) @jasonappleton]

All the manipulation needs to happen pushing prices as low as possible until CLARITY passes. Then the narratives change once they have all filled their bags at the low and start the retail manipulation back in for the upside.

[Charles Hoskinson @IOHK_Charles]

Are you ready to Bank the Unbanked?

[Jason Appleton (Crypto Crow) @jasonappleton]

He was over leveraged and had to sell. Saving you the time.

[TechLead @techleadhd]

Why I Sold All My Bitcoin... it's over.

(Full video below)

[Matjaz Mihelj @Cashmat02]

$ADA

Cardano sentiment is at rock bottom.

That's exactly when weak hands leave, builders keep building and opportunities are created.

Leios testnet is now live.🥳
The market sees a chart. I see infrastructure for the next cycle.
$ADA #Cardano #Leios #Crypto #Blockchain

[Jason Appleton (Crypto Crow) @jasonappleton]

Do you see what I see?

[Yoram BenZvi @YoramBenzvi]

THE POWER OF THE COMMUNITY

https://t.co/u5Hjpdd7M1 proposal went through thank to the Cardano community.

Members we met along the way, and many we never met, showed up for this proposal. It brought incredible energy and reminded us all of the reason we joined Cardano in the first place.

The community reviewed the proposal, asked hard questions, pushed back on the numbers, and demanded clarity. We appreciate every piece of feedback and every concern raised, it makes us better.

There are many people to thank. Every action counted. Every message reposted, every like, every rationale written, every space that gave us a platform, every hard question asked, every criticism offered. All of it mattered. We are grateful to each and every one of you.

This was more than great teamwork. This was community work.

And with that comes responsibility, ours. The responsibility to keep delivering. To bring real value back to the chain and to the people who backed us. To prove on the main stage that Cardano can lead in real-world adoption and help disrupt the industries that need disrupting.

We have already come a long way. But this is just the beginning.

Let's make things happen.

https://t.co/u5Hjpdd7M1

p.s. I took this picture last year in the west of France (probably around 5am) - feeling grateful

[Rob the Fox @RobGreig3]

New build out today... just keep building, just keep building... 🎮

[SecondFi @secondfiapp]

⚠️ As stated, we have identified the root cause, it is at the address level. Please DO NOT RESTORE your recovery phrase into another Cardano wallet, this does not mitigate the security risk. The security risk occurs when an affected user signs a transaction.

In addition, we are working to facilitate the verification process so users can claim back their assets safely so the above is very important, as it makes claims more difficult.

There has been conflicting advice from different community members in an attempt to be helpful. Do nothing until official steps come from SecondFi.

The only thing you should do is submit a ticket at https://t.co/bKfl8SK9D2.

We will never DM you first or ask for your recovery phrase.