Recently the Cardano X account was compromised, leading to speculation that this layer 1 chain needs to rapidly upgrade its security practices. Investors chose instead to allocate to Solana and the upstart GambleFi protocol Rollblock (RBLK), whose insistence on blockchain transparency has led analysts to predict startling 50x returns this cycle! Cardano (ADA) Hack Will Lead To Arrests, Says Cardano Chief Cardano lost 5.4% today, as the Cardano price fell to $1.12. This week the Cardano Foundation’s X account was hacked, leading to false claims being made concerning a bogus SEC lawsuit against Cardano. Cardano founder Charles Hoskinson was quick
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