Cardano Foundation’s X Account Hacked: Scammers Spread Fake ADA Burn News

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 … Read more

ADA Panic: SEC Lawsuit Hoax and Burn Scare Rock Cardano Community

False claims of an SEC lawsuit and ADA token burns from a hacked Cardano Foundation account sent shockwaves through the cryptocurrency community, sparking panic. Fake SEC Lawsuit Targets Cardano Foundation: ADA Burn Rumors Spark Panic The Cardano Foundation’s social media platform X account appears to have been compromised early Sunday morning, alarming the cryptocurrency community … Read more