ADA was seen as one of THE blue-chip Cryptos in 2021 competing with SOL and ETH even with their hype.
Now its just nowhere…
coinfeeds-bot on
tldr; Cardano’s blockchain split into two chains on Nov. 21 due to a malformed transaction exploiting a bug from 2022. Emergency patches were deployed within hours, and the network stabilized by Nov. 22. A developer admitted responsibility, citing reliance on AI instructions during testing. Cardano founder Charles Hoskinson involved the FBI, calling the incident a ‚premeditated attack.‘ The event caused ADA’s price to drop 16%. An IOG employee resigned, expressing concerns over legal risks for development mistakes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
baIIern on
Crypto is a fucking joke. No matter which chain you love
6 Kommentare
ADA was seen as one of THE blue-chip Cryptos in 2021 competing with SOL and ETH even with their hype.
Now its just nowhere…
tldr; Cardano’s blockchain split into two chains on Nov. 21 due to a malformed transaction exploiting a bug from 2022. Emergency patches were deployed within hours, and the network stabilized by Nov. 22. A developer admitted responsibility, citing reliance on AI instructions during testing. Cardano founder Charles Hoskinson involved the FBI, calling the incident a ‚premeditated attack.‘ The event caused ADA’s price to drop 16%. An IOG employee resigned, expressing concerns over legal risks for development mistakes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Crypto is a fucking joke. No matter which chain you love
According to [this](https://x.com/intersectmbo/status/1992619643274437037), it was an deliberately crafted transaction after it was observed on the preview testnet
1̶ 0 days since last major hack/scam/exploit/rugpull
Algorand would’ve just rejected the block.