Cardano: Dave Vows Action on ADA Theft

Cardano community leader @ItsDave_ADA confirmed ongoing attacks have drained funds into an address holding 129.43 million ADA, urging victims to await reimbursement announcements from EMURGO while vowing to pursue the perpetrators and alert exchanges including Binance.

Price action on the 4h chart shows ADA at $0.15 pinned to the lower Bollinger Band support with EMA50 resistance at $0.16 and EMA200 at $0.19; the MACD death cross combined with RSI at 32.99 signals sustained bearish momentum that could extend losses toward the band floor before any relief from the theft fallout materializes.