📜 🛑CARDANO ALERT ⋙⚠️ Ledger Failure BLOCKS Million Dollar Airdrop❗
🗞️ NEWS ➡️ Cardano users with Ledger wallets lost access to the Midnight Foundation Airdrop that distributed 120 MILLION $NIGHT Cryptocurrencies❗😱
⚡ WHAT HAPPENED ❓
🔸 TECHNICAL FAILURE » Ledger implemented protocol CIP-8 that limits messages to only 31 bytes
🔸 PROBLEM » Glacier Drop needs 251 bytes - IMPOSSIBLE to sign
🔸 IMPACT » Thousands of holders missed out on the airdrop
💰 NUMBERS THAT IMPRESS
➥ 120 MILLION $NIGHT Cryptocurrencies distributed
➥ 8 PARTICIPATING BLOCKCHAINS ($ADA , $BTC , $ETH, $SOL, $XRP , $BNB, $AVAX, $BAT)
➥ Thousands of affected Ledger users
🔥 BOMB STATEMENT FROM CHARLES HOSKINSON
"We flagged this problem in July, but [Ledger] did not give us a timeline for an update" 💣
✅ SOLUTION IN DEVELOPMENT
GOOD NEWS ⤑ Cardano is creating an alternative solution using null transaction with payload as metadata
DEADLINE ⤑ Midnight Foundation expects to launch a fix in the coming weeks
⚠️ BEWARE OF SCAMS
"There are already fake sites and claims circulating. No one should transfer cryptos or share private keys"
🎯 LESSONS FOR TRADERS
➥ Hardware wallets are not always perfect
➥ Multiple wallets = more opportunities
➥ Keeping up with updates is ESSENTIAL
➥ FOMO can lead to scams
🚀 MARKET IMPACT:
This case exposes critical vulnerabilities in crypto infrastructure. It may affect
➥ Trust in hardware wallets
➥ Participation in future airdrops
➥ Adoption of the Cardano ecosystem
💭 Do you use Ledger? Were you affected by this problem?
⚠️ Channel Leandro Fumao 🗣️ Reminds » This post is an informational analysis » This is not financial advice » Always do your own research before investing. 📚🎧☕
