Cardano Targeted by Cyberattack, ADA Drops

Cardano faced a network split due to a software bug, potentially caused by a cyberattack. The issue was traced back to a digital wallet used in testing. The attack, allegedly by a disgruntled stake-pool operator, led to temporary suspension of deposits and withdrawals. No user funds were lost, but network uniformity may take weeks to restore. Cardanos ADA token dropped by over six percent.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.