UPDATE: #Cardano $ADA Founder Charles Hoskinson says "at the current velocity, we think that we can cut it November, and hit that 2026 deadline, saying we're Leios ready, but then the mainnet has to adopt it and push it through."
🚨 Cardano was NOT hacked. Full stop.
The drains you’re seeing happened in SecondFi (ex-Yoroi) wallet software, a flaw in their key generation, not the Cardano blockchain.
If someone told me that market makers were able to pump gold above $4000, while at the same time getting people to sell $ADA below $0.15, I would have never believed them.
I now hold more $ADA than I bought during the ICO.
When this Yoroi/SecondFi ordeal is over, please make sure you're not just swapping wallet, but also dRep.
Most likely you're delegating to Emurgo or an Emurgo affiliated dRep, even if you don't know it. Cardano have loads of capable dReps that puts the ecosystem first.
Features like these are critical to gain adoption. The truth is my colleagues from traditional markets would never even go near lending and borrowing without these features.
Great work and more of this!
We need to start evolving the Cardano Treasury.
One of the first things I would do is establish a Treasury Board of Advisors, made up of external professionals who can provide high-level strategic guidance, financial insights, and risk management.
This board would have no legal or fiduciary authority. Instead, its value would come from offering unbiased, independent perspectives and expertise that we currently lack internally.
The dReps would still remain fully in charge, but they could now make better-informed decisions thanks to the board’s guidance.
Maybe we'll finally get a budget allocation for each NCL and a NCL that is actually based on treasury revenue, market conditions and sentiment.
In difficult times, the Cardano $ADA community must unite.
We need a vision and direction that we all can push towards together. United.
Short-term price action must not affect the long term vision.
It's time for the greatest Cardano comeback ever.
For those wondering what the fees are after 10 transactions, I can confirm there are none. Over the last two months, I've bridged USDC to USDCx on Cardano over 120 times and there are no fees yet.
PS! Out shopping for the rest of the day.
When I look at the https://t.co/zdCRORMUFM proposal, my thoughts go back to why I joined Cardano. To say it short, it was to level the playing fields for everyone.
The https://t.co/zdCRORMUFM proposal does exactly that for farmers, while bringing users and transactions to Cardano.
They are already onboarding 500 new farmers per day and Cardano has the chance to become the backbone of global agriculture.
These types of proposals brings actual on-chain activity every day, no matter the market conditions. More of this!
Cardano, $ADA and other cryptocurrencies is high risk assets. The world is at war. Almost every country in the world is involved in traditional or economic warefare. The world oil reserveres are running dry.
High risk assets recovers when the world do. There is no need to throw blame or accusations at this point. No matter the choices we've made, $ADA like all other cryptocurrencies, would still be low today.
I'm currently more active on the markets then I've been in years. If price continues to drop, June will be my largest accumulation month since the Cardano ICO.
Back in 2022, I set a bear market target for cardano:native at 0.18.
If it would ever hit this target, I would load up.
We're here now. The storm is at is thoughest, but there isn't a doubt in my mind. I'm buying cardano:native here.
I'm sorry...today I could not help myself but to create this bullish video for you, as crypto is undervalued and oversold, while the correlations to nasdaq, russell 2000, copper/gold, and PMI business cycle are lining up almost identical to previous bull market moves, while Clarity Act is inches from being voted on, while JP Morgan, Morgan Stanley, Black Rock, Bank of America, and Fidelity hire crypto roles and prepare for what's about to happen in crypto.
Intro 00:00
Oversold 1:00
Wall Street & Clarity 1:30
Nasdaq, Russel, Copper 3:10
Crypto out of the woods 7:00
Grayscale is actively increasing their exposure to $ADA, but when will the Grayscale Cardano Trust ETF (GADA) go live?
Short answer:
Before 23 October, 2026.
After the SEC approved the new generic listing standards last year, there is a streamlined process for spot ETFs:
1. Eligibility Gate: 6-month CME futures listing.
2. Filing: S-1 registration.
3. Review and launch (max. 75 days until trading starts).
$ADA CME Futures launched in February and will reach 6 months on August 9. Grayscale filed the S-1 with the original application, so the SEC have maximum of 75 days from August 9.
One of my biggest fears with decentralized governance is making the wrong decisions regarding core infrastructure.
I hope those wanting to defund IOG have a really good plan for when we're left with Emurgo and the Cardano Foundation.
We're all here because of the work of IOG. No matter what your opinion about Charles is, the best thing for Cardano is to let IOG finish what they started.
A handover isn't feasible, so what is the plan? Forget about maintenance and hope it goes well? Forget about Leios? Forget about Midgard?
Bitcoin is moments away from a macro breakout.
But the trend line isn't the level that matters.
The 200-day is.
Watch $83��84K. That's where bulls earn confirmation.
Very similar story with altcoins like ETH, SUI, and ADA.
UPDATE: Cardano Foundation CEO Frederik Gregaard says "when you look at what secures banks today, and how banks are identifying themselves, they're using a Legal Entity Identifier—Cardano $ADA is the only one that can do that, and we're utilizing some of Bitcoin's architecture."
Cardano Ada buy pressure is up +3 ↗️ in the past 3 days from -16.5 to -13.5, depleting the circulating supply for sale. This chart looks bullish, imho. NFA, DYOR.