Big news: the RealFi Phase 1 Testnet goes live on 6 July. 🚀
This is our first public step toward next-generation stablecoin infrastructure on Cardano – and a direct response to a problem we've been vocal about:
Crypto's clearest success story has scaled as money. But not as capital.
Hundreds of billions of dollars sit idle in stablecoins: No utility. No impact on the real economy.
We think that's a problem worth solving – and the Testnet is where we start.
During Phase 1, participants can explore the platform, use its core features, and share feedback that will directly shape the protocol. This is collaborative infrastructure-building in public, and we want you involved.
Read all about it, here 👇
https://t.co/XLEk9Ckdwc
In plain English:
Someone appears to have used a prepared attack wallet setup to drain many Cardano wallets very quickly.
The attacker had a “gas tank” wallet, the fee sponsor, loaded with ADA just to pay transaction fees. They split that ADA into many little pieces, then used those pieces to submit lots of drain transactions in a burst.
The victim wallets provided the valuable inputs: ADA, tokens, NFTs. The fee sponsor paid the network fee. The stolen assets landed in a few culprit recipient wallets. Then the attacker started selling/liquidating fungible tokens through DEX routes, with proceeds flowing into the USDCx proceeds wallet.
So layman version:
The attacker did not steal by “hacking the blockchain.” They got the ability to make wallets sign/spend, then used a pre-funded fee wallet to rapidly sweep many victims into a few holding wallets and sell what could be sold.
Can we tell if it is still happening?
For the known cluster, I do not see it actively sweeping right now.
Fresh check:
Fee sponsor last tx: 2026-06-22 00:35:49 UTC
USDCx proceeds wallet last tx: 2026-06-22 01:59:47 UTC
Culprit A last tx: 2026-06-22 01:54:39 UTC
Culprit B last tx: 2026-06-22 00:23:33 UTC
Culprit C last tx: 2026-06-22 13:02:49 UTC, but that was a tiny inbound, not the same fee-sponsored mass-drain pattern.
Important caveat: that only tells us the known addresses/pattern stopped. If they rotated to new fee sponsors and new recipient wallets, we’d need to detect that by matching the same transaction shape against new victim reports.
2026 Bottom vs. 2022 Bottom
We’re either still in the pre-capitulation phase, meaning we see one final capitulation wick into the 54K–44K zone.
Or
If we're already in the capitulation phase, then the 54K–44K bids could play out similarly to the 10K–12K bids in 2022 that never got filled.
Either way, the downside from here is limited.
We're either looking at another 10–15% to the bottom, which, in my view, is insignificant in the bigger picture, or we're already within 5% of the bottom.
SecondFi (ex-Yoroi) incident — I added a plain-language summary to the community guide for anyone confused about what to do:
✅ Not everyone lost funds — EMURGO is securing & returning affected ADA 👉 Open a ticket at https://t.co/JX88chMDPA, then wait ⛔ Don't restore or sign anything. Anyone asking for your seed phrase = scam
🔗 https://t.co/P58ua8GEEB (Community self-help, not official.)
Bitcoin stuck at $58K–$62K for a reason
This isn't random. This is $BTC history repeating
If you know the past, you know the future:
2017: Base formed → Parabolic expansion
2021: Base formed → Parabolic expansion
2026: Same structure playing out NOW
$38K–$50K range = accumulation phase before the breakout
58K is not the market bottom
This is a favorable range for the first DCA purchases
As a reminder, I warned about the bull trap at $82K and the summer drop.
MY NEXT CALL WILL BE THE BIGGEST ONE OF THIS CYCLE
TURN ON NOTIFICATIONS. MOST PEOPLE WILL FOLLOW ME TOO LATE
🚨 LATEST: Cardano’s Van Rossem hard fork is moving closer to approval.
Current governance support stands at 62.76% DRep and 31.59% SPO, with ratification potentially happening this week.
Another major milestone for the Cardano ecosystem. 🚀
#ADA#Cardano
Not sure about you guys,
But this is a range until proven otherwise.
As long as $BTC holds above the PWL, we could easily see more retests of the mid-$60Ks. It would also make sense, as a lot of stops were positioned below the PWL.
So IMO its time to start observing if we hold above or break back below.
$ADA Macro Outlook
5 years. Wave 2 zigzag. Held by a parallel channel.
ADA is coiling.
I called SOL before the 20X.
Wave 3 on ADA could dwarf it.
You've been warned.
bitcoin:native is beginning a mini pump as a US/Iran peace deal looks more and more likely coming out of Switzerland negotiations. STRC is also making headway closer to $100 recovering from its major dip last week. Both of these are great signs for the overall crypto market.
Could be a nice week ahead.
Cardano's full on-chain history is now much easier to explore.
@BloxBean's new Analytics Store, built with Cardano Foundation support, gives anyone an easy way to get accurate Cardano data.
Query the chain on a laptop. No node, no indexer, no database.
https://t.co/1DMxFcuBbe
$BTC
We have 11 days until the 3 month and 6 month candle close.
At the moment, the 3 month candle doesn't look great. That said, I think it's entirely possible for $BTC to retest the 68.3K region in the near term.
My view remains that any sweep below the previous weekly low is likely to be bought aggressively and reclaimed quickly.
The main question I ask myself in these situations is: where is the liquidity? Is it sitting above, or below?
Looking at the 3 month structure, we can see that longs were effectively baited above 80K before price retraced back to the range lows, sweeping liquidity and forcing a large number of those positions out. From that perspective, a significant portion of long side exposure has already been cleared.
Because of that, I think the more vulnerable side now may be shorts. If that's the case, a move higher to target upside liquidity during the next quarter wouldn't be surprising before any larger move lower develops, assuming we even see lower prices at all.
Either way, I still view any sweep below 60K as a INSANE buying opportunity. At the same time, a retest higher before that happens would not surprise me.