The official X account of the Cardano Foundation was compromised, leading to the spread of misleading claims about an alleged $ADA token burn. The hackers falsely announced that all ADA tokens had been burned, a claim entirely inconsistent with Cardano’s protocol. Founder Charles Hoskinson has repeatedly clarified that token burns are not part of the network’s design. https://twitter.com/Bitcoinsensus/status/1866036878605987996?t=QBY8fpjPkzBZAMm13pnPAQ&s=19 Adding to the chaos, the attackers promoted a fraudulent token called “ADAsol,” falsely alleging that ADA support would end due to an SEC lawsuit. The scam lured unsuspecting traders, resulting in nearly $500,000 in trading volume before the fake token’s value plummeted
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