Cardano activates Van Rossem upgrade

July 18, Cardano activated the Van Rossem hard fork, upgrading to Protocol Version 11 via on-chain governance. The upgrade laid groundwork for future developments like Ouroboros Leios.

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What does total decentralization actually mean for the ecosystem? IO Labs EVP Brandon Wolf sits down with @CryptoWendyO & @jasonappleton on Block//45 to share exactly how Cardano's core infrastructure becomes decentralized. From Ouroboros to Plutus, Hydra, and more. Watch the full interview below! 🧵

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I'm beginning to think we've got the wrong people running projects on Cardano. It really seems like the dReps know a lot more on what it takes to build successful dapps...than the people who've actually been doing it for 5 years.🤣

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Damn I've been investing in the wrong Cardano projects.... @blockjock2017

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Midnight DIDN'T get hacked! 🚨 What the data is showing so far is that the Wanchain bridge-layer had an incident, not an issue with the Midnight network or the $NIGHT token itself. Around 515M $NIGHT (~97% of Wanchain’s bridged NIGHT reserves) was moved from Wanchain’s Cardano-side bridge lock address and appears to have been sold through Cardano DEXs. The native $NIGHT supply and Midnight network are still unaffected. 💪 Until Wanchain releases an official update be careful with bridge tx, and only trust information from official channels! Don't spread FUD and stay safe! 🥰

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Update related to the Wanchain Bridge. It seems to be a third-party issue. Midnight and NIGHT tokens are fine.

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$Jimothy turns over 64% of market cap in 24 hours febu turns over 86% of market cap in 24 hours Hugging Face @huggingface disclosed autonomous agent breach spanning 17k actions Wanchain Cardano bridge exploit reportedly drained 515m NIGHT Judge approved Anthropic’s 1.5b Claude copyright settlement x402 rails processed 109m transactions and 15m USDC volume @Noxa_Fi shut down after 12m fees and 60k tokens

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A nap legfontosabb kriptós hírei ⤵️ 🚨 Leállította a hidat az Allbridge egy 1,65 millió dolláros támadás után 🔧 Elindult a Cardano van Rossem hard forkja, jön a 11-es főverzió 🏦 Dél-Korea szeptemberben indíthatja a CBDC-pilot második körét 💸 A Grayscale rendszeres készpénzes kifizetést tervez ETH és SOL stakingből 📊 A Strategy 263,5 millió dollárt vont be, BTC-állománya nem változott 📉 Második hete jön pénz a Bitcoin ETF-ekbe, de még gyenge a lendület 🏛️ Az orosz Állami Duma kedden tárgyalja végleg a kriptótörvényt

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I was about to reinvest my slot winnings back into crypto, but the cash deposit fee of 330 yen was so outrageous that I gave up. (´-`) glance I’ve now developed a genuine aversion to even depositing money into my bank. (´-`) glance

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This issue is not related to @MidnightNtwrk. It originated from the Wanchain bridge. Assets that rely on bridges always carry this kind of risk, so it's worth being extra cautious with other bridge assets that also depend on Wanchain. I think trust-minimized bridges like BitVM will become increasingly important going forward.