Cardano

<ul class="news-points">
 <li>Cardano survived a spam attack earlier this week.</li>
 <li>Cardano’s trading volume surged 62% in the attack’s aftermath.</li>
 <li>ADA reached significant support at $0.38 after falling by over 8.8% last week.</li>
</ul>
Cardano successfully fended off a spam attack earlier this week, and the blockchain’s founder, Charles Hoskinson, expressed his satisfaction with the development. Hoskinson shared a GIF image on X showing a cheerful glee and offering thumbs up to a commentator who summarized the incident.
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://t.co/cxNveyOLDd" target="_blank" rel="noopener noreferrer nofollow">https://t.co/cxNveyOLDd</a> <a href="https://t.co/VuibaSPw67" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/VuibaSPw67</a>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1805843786935026150?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 26, 2024</a>
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The commentator posted:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “A hacker attempts a DDoS attack on Cardano, and the chain just slows down. Nothing else happens, and the scammer gets ADA stolen from him??”
</blockquote>
In a <a href="https://www.youtube.com/watch?v=cczGzZpM8A0" target="_blank" rel="noopener noreferrer nofollow">video</a>, Cheeky Crypto YouTube channel presenter, Nick, said the event has significant implications for Cardano’s native cryptocurrency, ADA. Nick observed a 62% increase in Cardano’s trading volume in the attack’s aftermath, as ADA price reached a crucial zone. He views the surge as an indication of the growing interest and trust in Cardano.
However, the crypto analyst highlighted the poten…
The post <a href="https://coinedition.com/ada-prepares-for-next-move-after-cardano-repelled-spam-attack/" rel="noopener noreferrer nofollow">ADA Prepares For Next Move After Cardano Repelled Spam Attack</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

ADA Prepares For Next Move After Cardano Repelled Spam Attack

Coin Edition

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