Hoskinson’s Response to Cardano Foundation Hack: “I Will Find You” – Latest Update
Hey there! Have you heard about the recent hack involving the Cardano Foundation? On December 8, the Foundation’s X account was compromised, leading to false information being spread about a lawsuit and token support being discontinued. The attacker promoted a fake token called ADAsol, causing $500,000 in trading volume before the Foundation regained control of the account.
It’s essential to stay informed and be cautious in situations like these to protect your investments. Cardano has confirmed that ADA remains the foundation of its network, so rest assured that your holdings are secure.
In other news, BABYDOGE recently saw a massive 3,130% spike in volume following a mention by Elon Musk. This kind of market activity can be exciting but also comes with risks, so make sure to do your research before diving in.
As we head into the holiday season, there’s talk of a potential Santa Rally in the markets. This could mean positive movement for various assets, but always keep in mind that investing involves both opportunities and risks.
And don’t forget to keep an eye on other trends in the market, such as Bitcoin prices, gold prices, and energy stocks. Stay informed, stay cautious, and happy investing!
