EddieJayonCrypto

 13 Dec 24

tl;dr

The Cardano Foundation has regained control of its official social media account after a hacking incident. The breach led to the promotion of a fraudulent token and false claims about legal action from the SEC. This comes amidst governance disputes within the Cardano ecosystem, including allegations...

The Cardano Foundation has regained control of its official social media account after a hacking incident. The breach led to the promotion of a fraudulent token and false claims about legal action from the SEC. This comes amidst governance disputes within the Cardano ecosystem, including allegations of power struggles and lack of meaningful involvement in governance initiatives. Cardano's founder, Charles Hoskinson, has addressed these concerns, criticizing the Foundation's opaque decision-making processes. At the time of the report, Cardano is ranked #9 by market cap, and the price is down 2.06% in the past 24 hours. Cardano has a market capitalization of $39.13 billion with a 24-hour trading volume of $1.51 billion. The total crypto market is valued at $3.63 trillion with a 24-hour volume of $184.94 billion. Bitcoin dominance is currently at 55.02%.

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 20 Dec 24
 20 Dec 24
 20 Dec 24