Topic: #cardano
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Cardano Spot Flows Plunge 1,917% Amid Van Rossem Hard Fork
Cardano's spot flows dropped 1,917.11% in four hours on Friday as outflows exceeded inflows by $303,100, while the token fell 4.60% to $0.166. The move came after the network completed its van Rossem hard fork, the first upgrade voted on by all three governance bodies.
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Cardano Whales Accumulate 25.6B ADA at 3.5-Year High
Wallets holding 100,000 to 100 million ADA have accumulated more than 25.6 billion tokens, returning to February 2023 levels. The 1.8% four-month increase coincides with smaller holders reducing positions by 0.7% as ADA trades near multi-year lows.
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Ctrl Wallet shutting down August 3 after June security exploit
Ctrl Wallet announced it will cease all operations on August 3, 2026, weeks after a June 23 security exploit affecting Cardano wallets. Users have until then to withdraw assets or export their recovery phrases to compatible wallet providers.