SecondFi will wind down after a $2.6 million ADA theft, while users still await recovery tools that were initially expected within weeks of the exploit.
Cardano (ADA) currently exchanges hands around the $0.16 level, registering a decline of approximately 1.88% in the last 24-hour period. The cryptocurrency maintains a market capitalization hovering near $6.07 billion, accompanied by daily transaction volume of roughly $188 million.
Cardano (ADA) is showing encouraging signs of recovery after enduring one of its longest periods of sustained weakness. Trading around $0.175, the cryptocurrency has steadily regained key short-term moving averages while building a stronger technical base above its June lows.
Cardano has completed the much-anticipated Van Rossem hard fork, ushering the blockchain to protocol version 11 without centralized interference.
Cardano changed its own protocol by a vote, not by a decision from the company that built it. The van Rossem hard fork activated on July 18, 2026 at 21:44 UTC and moved the network to protocol version 11. The technical change matters less than who ordered it.
Cardano's proposed $19.2M PRIME initiative aims to increase DeFi liquidity & grow the TVL from roughly $90M to $200M.
The Midnight Foundation has released an official update on the response to the attack on Wanchain's Cardano-BNB cross-chain bridge. The developers quickly brought partner exchanges into the investigation: Binance, OKX, Kraken, KuCoin, Bybit, Gate, and MEXC introduced emergency measures to completely block the movement of the stolen funds.
Cardano price has surged 9.3% to an intraday high of $0.176 after the Van Rossem hard fork activated Protocol Version 11, while improving risk appetite and whale accumulation have supported bullish sentiment. According to data from crypto.
The Cardano blockchain successfully implemented the Van Rossem hard fork on July 18, transitioning the entire network to Protocol Version 11. The deployment occurred at 21:44 UTC, experiencing just a brief ten-minute interruption in block production with zero impact on end users.
# Cardano Van Rossem Hard Fork Moves Mainnet To Protocol Version 11
The Cardano blockchain has taken new steps toward all-round decentralization, a move that has spiked renewed interest in the token.
Cardanoscan shows Cardano's “van Rossem” hard fork governance action has been enacted, moving the network toward Protocol Version 11.0 in the Conway era. The action was enacted in Epoch 644 on July 18 after being submitted in Epoch 637, making the mainnet upgrade an on-chain governance outcome, not just a technical release.