Following the unauthorized access on our official X channel, the Cardano Foundation is pleased to confirm that we have now re-established control. Normal posting will now resume.
We greatly appreciate all of those who acted quickly to alert us of the issue. A special thanks goes to the Cardano community and our broader network of contacts and peers for their invaluable support.
The unauthorized content posted from this account between 8 December at 13:00 CET and 12 December at 17:00 CET was entirely unfounded and does not reflect the views or endorsements of the Cardano Foundation. We can confirm that no other Cardano Foundation systems were affected during this incident. A comprehensive investigation is underway to identify the attacker(s), determine the root cause, and implement measures to prevent future occurrences.
The message below is signed by one of the Foundation’s Interim Constitutional Committee (iCC) hot keys and can be verified on https://t.co/58WK79Bh6v.
Message: "The Cardano Foundation can confirm that we have re-established control of the X account. Normal posting has now been resumed."
The Cardano Foundation regrets to inform our community that we have been served with a lawsuit by the U.S. Securities and Exchange Commission (SEC) on December 8, 2024.
In light of this unexpected legal action, we have made the difficult decision to immediately cease all support towards the $ADA token to ensure compliance with regulatory requirements.
We understand the impact this may have on our valued community members and stakeholders, and we assure you that we are committed to providing support during this transition.
We will be sharing further details regarding the next steps and how we plan to assist all holders of $ADA in the coming days.
Thank you for your understanding and support during this time.
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Last chance to own a Cardano Summit 2024 NFT by 25 young global artists. Every purchase supports UNHCR, empowers artists, and funds sustainable art initiatives.
The global Cardano community gathers in Buenos Aires and Nairobi to deliberate and ratify the first-ever Cardano Constitution — laying the foundation for decentralized self-governance. 📜
As part of our role as an Interim Constitutional Committee (iCC) member, we have completed our constitutional assessment of the governance action: "Plutus V3 Cost Model Parameter Changes Prior to Chang#2."
The governance action has been deemed constitutional. 🗳️