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Cardano co-founder Charles Hoskinson revealed ongoing discussions with Ripple executives about integrating XRP into Cardano's Midnight sidechain.

Cardano (ADA) has emerged as one of the standout performers in the cryptocurrency market this year, with its price surging from $0.60 at the beginning of 2024 to $1.13 at the time of writing—a 90% year-to-date (YTD) gain.

37.06 million Cardano tokens, worth $43.36 million will be unlocked this week. Here's how that might affect ADA's price.

Cardano's price took a hit, dropping 8% in the past 24 hours to around $1.10. With Bitcoin slipping below $100K, is ADA at risk of falling below $1?

The crypto market has seen impressive growth recently. In the initial stages, as usual, Bitcoin dominated the market. Recently, Altcoins have taken center stage, with cryptocurrencies like Cardano showing impressive momentum. In the last 30 days, Cardano has seen a growth of 155.2%. Where is the ADA market heading to? Let's understand what experts think.

TL;DR Charles Hoskinson seeks to integrate RLUSD, Ripple's stablecoin, into Midnight, Cardano's privacy sidechain, following years of tensions with Ripple. RLUSD would bring financial stability to Midnight, which already uses the tokens NIGHT (transactions) and DUST (governance and staking). Tools like Marlowe could facilitate the expansion of RLUSD and XRP, strengthening interoperability between both blockchains..

The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.

TL;DR The Cardano Foundation's X account was hacked, leading to the promotion of a fake token called ADAsol and false claims about an SEC lawsuit. The ADAsol token scam generated over $500,000 in trading volume before being exposed, and the false SEC lawsuit claim led to a brief 4% drop in ADA's price.

Cardano (ADA) has been gaining significant attention from both traders and investors as it recently displayed a notable surge, benefiting from a broader market recovery. After bouncing from an intraday low of $1.13, Cardano rose 6%, reaching above $1.20.

More than 60 delegates from over 50 countries gathered for a special three-day event. They worked together to define, refine, and vote on this document.

Hackers breached Cardano Foundation's X account on December 8, 2024, spreading false claims about an SEC lawsuit and token burning, causing a 4% price drop before CEO Charles Hoskinson debunked the attack.

Charles Hoskinson, the founder of Cardano and one of the most talked-about figures in crypto, says he's ready to bring Ripple's RLUSD stablecoin into his ecosystem. This came out during an interview with Big Pey, a Cardano-focused YouTube channel, where he talked about meetings with Ripple execs Brad Garlinghouse and David Schwartz.

The Cardano Foundation's X account was hacked, promoting a fake Solana-based token and false claims about regulatory issues.

Cardano shows strong market fundamentals with whale accumulation of 20.31M ADA at $1.21, while facing technical resistance at $1.20-$1.24 levels as it consolidates above the $1 mark with broad holder support of 4.95B tokens across 391K addresses.

The Cardano Foundation's X account was hacked on December 8th, unleashing a wave of fraudulent activity. Hackers spread false information and promoted a scam Solana-based token, ADA/SOL, exploiting the credibility of legitimate sources like a recent podcast and the Foundation's official website.

Cardano's ADA has risen to new highs and garnered global interest. People are speculating on its possibility of reaching above $2. Given market conditions and technical signals, ADA may fall before rising to its all-time high. Meanwhile, Polygon (POL) and Rexas Finance (RXS), a viral $0.

Still among the most valuable cryptocurrencies is Cardano. With a price of $1.23 as of writing, it is up 23.77% in the last seven days.

Bad actors compromised the Cardano Foundation's X account on Dec. 8 to promote a phony Solana token. In a later post, they shared a false announcement claiming that the company would cease its support for Cardano's native ADA token due to a lawsuit from the Securities and Exchange Commission (SEC).

In an unprecedented turn of events, the Cardano Foundation's X account witnessed a hack on Sunday. Notably, the yet-to-be-identified hacker promoted a fake token and alleged that ADA withdrawals would stop as a result of a crackdown by the U.S. SEC.

The hacker published some links that were later removed but with some consequences.

Cardano's price has been moving sideways in recent days, holding steady above $1. Despite avoiding a significant drop, the altcoin is showing signs of fading bullish momentum.

Hackers used the compromised Cardano X account to promote Solana-based fake token sales dubbed ADASol. The post Cardano X account Hacked, Spreading False SEC Lawsuit Claims appeared first on Cryptonews.

The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.

The Cardano Foundation's X account was hacked, leading to the promotion of a fake token that defrauded users of $500,000 before the scam was exposed and shut down.