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Crypto

Cardano founder Hoskinson bristles at criticism of ADA performance

Cardano (ADA) founder Charles Hoskinson pushed back against criticism that the ADA ecosystem lacks liquidity and real-world usage, pointing to recent launches and infrastructure integrations. The dispute began after a community participant said launching the Midnight network separately harmed ADA holders, which Hoskinson denied. He cited work on RealFi, Midnight, Forge and integrations with LayerZero, Fireblocks, ICE and Circle. The debate has extended to on-chain figures including DeFi TVL, stablecoin supply and DEX volumes.

Finance

Financial sector hit by hacking, security vulnerabilities exposed across the board

South Korea\'s financial sector faced a security emergency after a string of hacks and personal data leaks. Shinhan Bank had customer information for about 25,000 people leaked, while KB Kookmin Bank and Hana Bank confirmed leaks involving 119 and 89 customers. Regulators said related IP addresses linked to the same attacker were found across seven firms, with external-facing services used as attack routes. Authorities are investigating possible automated attacks using AI tools and ordered an industrywide security review.

Fintech

Financial sector hacking spreads, signs of same attacker at seven firms

Hack attacks targeting South Korea\'s financial sector are spreading beyond commercial banks to savings banks and capital firms, with indications the same attacker is involved. Welcome Savings Bank reported an intrusion into a corporate customer-related system, with up to 2,200 records possibly leaked. President Lee Jae-myung ordered a thorough probe and countermeasures. Financial authorities held an emergency meeting and said related IP addresses were found across seven firms, raising the possibility of automated attacks using AI tools.