Derived from AiCoin, a malformed staking transaction triggered a software vulnerability in the Cardano blockchain, causing a network fork between a 'poisoned' chain including the transaction and a 'healthy' chain excluding it. The split occurred as new node versions accepted the transaction while older versions rejected it. Intersect, the Cardano governance body, confirmed no user funds were lost, and most retail wallets remained unaffected. Initially labeled a 'premeditated attack' by co-founder Charles Hoskinson, the incident was later attributed to an operational oversight by X user Homer J., with no malicious intent or financial gain. The ADA token price dropped over 6% following the event.
Cardano Chain Splits Due to Malformed Transaction, No User Funds Lost
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