Summary
TLDR: Cardano’s founder, Charles Hoskinson, is investigating a glitch in the network’s new wallet, Nami, involving ADAHandles. The team has disabled ADAHandles in Nami temporarily until a solution is found. Despite the issue, Cardano’s network activity is increasing, with a rise in daily active addresses, transaction volume, and transactions from whales. ADA’s price has also surged by over 40% in the past month, approaching $0.80.
Key Points
1. Cardano’s founder, Charles Hoskinson, is addressing ongoing investigations into issues with the network’s new wallet, Nami.
2. Initial findings suggest a glitch in Nami’s implementation of ADAHandles, causing delays and lags for users.
3. The Nami wallet glitch comes at a time when Cardano is experiencing increased network activity, with a rise in daily active addresses, transaction volume, and transactions from whales, leading to bullish price action for ADA.