Investing 24-11-2025 19:03 0 Views

Cardano Price Prediction: Hoskinson Calls FBI After Dev “Breaks” Blockchain – Could ADA Crash Again?

Just when it looked like things could not get any worse, they did. Cardano’s blockchain ended up running two different versions at the same time for a few hours. This happened because of a software bug triggered by a weird, malformed transaction.

Emergency patches were rolled out within three hours, and the network naturally converged back to normal by the next day.

Later, a developer came forward on X and admitted they were the one who caused it. They apologized to the Cardano community and said they were “dumb enough to rely on AI’s instructions” while testing the damaging transaction.

FBI Steps In As Hoskinson Quickly Escalates the Incident

A few hours after the incident, an X user named “Homer J” came forward and admitted he caused the chain split. He said it was a careless testing mistake, not something intentional.

Sorry (I know the word isn't enough given the impact of my actions) Cardano folks, it was me who endangered the network with my careless action yesterday evening. It started off as a "let's see if I can reproduce the bad transaction" personal challenge and then I was dumb enough

— Homer J (AAA) (@KpunToN00b) November 21, 2025

To break down what happened: he created a malformed delegation transaction and broadcast it. Some Cardano nodes accepted it and kept building blocks on the “poisoned” chain. Others rejected it and continued building the “healthy” chain. That’s what created the split.

He explained on X that it started as a personal challenge to see if he could reproduce the bad transaction. Then he “was dumb enough to rely on AI’s instructions” to block traffic on his Linux server without testing it on testnet first. He said he’s ashamed of the mistake and takes full responsibility.

But despite his apology, Hoskinson and Cardano’s leadership did not treat it as an innocent incident. They framed it as a deliberate attempt to exploit a known vulnerability and intentionally damage the network.

Make sure to share it when the FUD comes rolling in pic.twitter.com/dt3WSVgYvO

— Charles Hoskinson (@IOHK_Charles) November 23, 2025

Hoskinson circulated a fact sheet saying “relevant authorities and law enforcement are being notified” about the developer’s actions.

One IOG developer, known as “effectfully,” resigned shortly after the incident. He said he didn’t realize developer mistakes could lead to law-enforcement risks, especially after Hoskinson mentioned possible FBI involvement. His comments made it clear he wasn’t happy with how the situation was handled.

Cardano Price Prediction: Can’t Catch a Breath

Cardano supporters are calling the whole thing a “perfect example” of the network handling stress on its own. They’re basically saying the chain fixed itself under pressure without anyone stepping in.

Solana’s co-founder, Anatoly Yakovenko, even backed that idea, saying Nakamoto-style consensus without proof of work is tough, and that Cardano’s protocol actually behaved the way it was designed to.

Source: ADAUSD / TradingView

ADA might finally be carving out a bottom here. It’s quietly building a small accumulation zone around 0.39 to 0.40, and if that level holds, a bounce is actually possible this time.

A clean break above 0.42 would be the first real sign of strength and could open the door toward 0.47 or even the 0.50 area.

The RSI sitting around 43 shows how uncertain and weak the momentum still is. If this little accumulation area fails, then ADA likely slides back down toward 0.35, which is the next big support.

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SUBBD is quickly becoming one of the few standouts actually gaining traction while everything else is struggling to stay upright.

SUBBD is building a hybrid crypto and AI-powered media platform that finally gives creators something traditional platforms never offered: real ownership, real monetization, and a community that actually shares in the upside.

Instead of platforms swallowing all the revenue, SUBBD pushes value straight back to the creators and their supporters.

The momentum is getting harder to ignore. The project has already raised 1.36 million dollars in its presale, and staking sits at a steady 20% APY. In a market where most coins are bleeding out and fighting just to hold support, that mix of early capital plus reliable yield is exactly what traders look for.

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