BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO CARDANO

Cardano Shrugs Off Network Attack With Rapid Recovery — Here Is Why Hoskinson Says the System Proved Its Strength

Gary Ponce by Gary Ponce
November 22, 2025
in CARDANO, CRYPTO, DEFI, FINANCE, OPINION
Share on XShare in TelegramShare on Reddit
  • A malicious transaction caused a temporary fork on Cardano, but engineers contained the issue within hours.
  • No user funds were lost, though some validators missed block rewards; the FBI is now involved.
  • The attacker apologized publicly, and the Midnight (NIGHT) token launch is still set for December 8, 2025.

Cardano had a chaotic moment on November 21, 2025, when a maliciously crafted transaction slipped past normal validation checks and briefly split the blockchain into two. For a few hours, parts of the network were operating on different chains—a situation that could’ve turned ugly if it dragged on. But engineers from Input Output, the Cardano Foundation, and Intersect jumped into an emergency “war room,” patched the issue, and pushed out fixes in record time.

Charles Hoskinson later praised the teams, noting that the attacker had been preparing the exploit for months, yet Cardano contained it within a day. “This shows how strong our system is, even in unexpected conditions,” he said. The root cause was traced to a bug buried deep in a software library that was exploited by the rogue transaction.

No user funds lost, though validators took a hit

Even though the incident caused a temporary network fork, retail users’ funds stayed safe. Most wallets rely on node components that weren’t affected by the bug, so average users barely felt a ripple. Validators, however, weren’t as lucky. Some missed out on block rewards during the disruption, and Hoskinson admitted it will take weeks to restore validator rewards across the affected pools.

He also revealed that the attacker specifically targeted his personal stake pool—something that amplified the chaos across the network. Authorities quickly got involved. Intersect confirmed the attack is now classified as a cybercrime, and the FBI has begun a formal investigation.

Charles Hoskinson

Attacker identified, apologizes publicly, and admits acting alone

After tracking the wallet tied to the invalid transaction, Intersect managed to identify the person behind the exploit. In a twist nobody expected, the attacker actually went public with an apology on X. He claimed he acted alone, didn’t short ADA, and didn’t intend to profit from the situation. He framed it as a mistake—an “I messed up” moment—while accepting full responsibility.

Hoskinson wasn’t impressed. He called the incident a case of “carelessness” and made it clear that consequences are coming. Still, he emphasized that Cardano’s ability to recover so quickly is proof of the network’s resilience.

Midnight token launch remains on schedule

Despite the attack, the Cardano ecosystem is still moving ahead with its next big milestone: the launch of Midnight’s native token, NIGHT, set for December 8, 2025. Hoskinson confirmed during The Midnight Summit that the rollout is on track, unaffected by the disruption.

Engineers are now prioritizing improvements to the node software and broader network infrastructure to prevent similar exploits from slipping through again. Hoskinson remains upbeat about the long-term roadmap, saying stronger security upgrades are already underway.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: ADACardanoCharles HoskinsonMidnight
Tweet2ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Bitcoin Whale Accumulation Surges in Crypto Dip – Here Is Why It Matters
BITCOIN

Bitcoin Whale Accumulation Surges in Crypto Dip – Here Is Why It Matters

February 27, 2026
XRP vs Ethereum Crypto Battle – Here Is Why ETH May Keep No.2 Spot
CRYPTO

XRP vs Ethereum Crypto Battle – Here Is Why ETH May Keep No.2 Spot

February 27, 2026
PayPal Expands Stablecoin Crypto Push With PYUSDx – Here Is What Changes
CRYPTO

PayPal Expands Stablecoin Crypto Push With PYUSDx – Here Is What Changes

February 27, 2026
Beast Industries Goes All-In on Ethereum Calling It the Backbone of Stablecoin and Blockchain Infrastructure
CRYPTO

Beast Industries Goes All-In on Ethereum Calling It the Backbone of Stablecoin and Blockchain Infrastructure

February 27, 2026
Twelve Wallets Scored Over One Million Betting On ZachXBT’s Leak — A Crypto Market Head-Scratcher
CRYPTO

Twelve Wallets Scored Over One Million Betting On ZachXBT’s Leak — A Crypto Market Head-Scratcher

February 27, 2026
Leave Luna Classic Alone Already – Lawsuits, Squeezes, and Why This Zombie Trade Won’t Die
CRYPTO

Leave Luna Classic Alone Already – Lawsuits, Squeezes, and Why This Zombie Trade Won’t Die

February 27, 2026
Load More

Related News

Bitcoin Whale Accumulation Surges in Crypto Dip – Here Is Why It Matters

Bitcoin Whale Accumulation Surges in Crypto Dip – Here Is Why It Matters

February 27, 2026
Trump Tariff Refund Fight Escalates – Here Is Why Markets Are Watching

Trump Tariff Refund Fight Escalates – Here Is Why Markets Are Watching

February 27, 2026
XRP vs Ethereum Crypto Battle – Here Is Why ETH May Keep No.2 Spot

XRP vs Ethereum Crypto Battle – Here Is Why ETH May Keep No.2 Spot

February 27, 2026
PayPal Expands Stablecoin Crypto Push With PYUSDx – Here Is What Changes

PayPal Expands Stablecoin Crypto Push With PYUSDx – Here Is What Changes

February 27, 2026
Beast Industries Goes All-In on Ethereum Calling It the Backbone of Stablecoin and Blockchain Infrastructure

Beast Industries Goes All-In on Ethereum Calling It the Backbone of Stablecoin and Blockchain Infrastructure

February 27, 2026
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews