Why Cardano? Because Leios is Cardano scaling at the base layer without changing what the base layer is for. A settlement layer is only valuable if people can trust it under pressure. More throughput means very little if the cost is weaker validation, fewer operators, extreme higher hardware barriers that limits validation to the wealthy, or a system that becomes harder for normal participants to verify. Leios is designed to increase Cardano base layer throughput by changing the architecture of the pipeline. Instead of forcing all work through the same limited path, Leios introduces input blocks, endorsement blocks, and ranking blocks. That allows more transaction data to move through the system in parallel before final ledger inclusion. Scaling is not just about speed. It is about propagation, validation, ordering, bandwidth, reliability, and the cost of participation. If those constraints are ignored then the numbers may look good, but the foundation is weaker. The strength of Cardano is that the base layer is globally operated, independently validated, and built around the security properties of Ouroboros. Thousands of stake pools have minted blocks. Many operators run modest infrastructure. The blockchain has shown almost 9 years of reliability because participation has not been pushed into the hands of a small set of privileged machines or people. The public Musashi Dojo testnet opened in late June 2026, which means this work is now in delivery, feedback and testing stages. Leios also fits within a wider scaling strategy. It strengthens the base layer while layer 2 systems continue to add more specialised capacity above it. This is why Leios is important and extremely competitive in the current market. It is more useful capacity on a blockchain that still prioritises security, decentralisation, and long term reliability. That is the foundation Cardano is building and upgrading.

I call upon the entire Cardano community to not stand by and watch people attack our ecosystem and community like this. We must trace every tx together, watch every cross chain transaction, let's work together to report every single movement of funds. Many CEXS have already been notified.. Specifically the attacks prior to my investigation. They will regret attacking Cardano.

I am seeing a high probability, at this time, that the attacker’s wallet was first funded through Binance and is directly linked to a Binance account. If confirmed, that would suggest the account went through KYC. Assuming the identity used is accurate, there may be a clear path to trace the individual involved. I strongly urge the attacker to return the funds, or publicly announce a clear plan to return funds with urgency.

To the attacker, there is still time to return what is not rightfully yours. This is still a work in progress, but the attack is currently looking like 1,961 separate drains. The attacker’s initial transaction appears to have been funded by what looks like Binance. Bubble sizes in the visualisation reflect outflow size, with the largest drains currently showing as 4.26 million ADA, 3.64 million ADA, 3.22 million ADA, and so on. The total is currently looking like 60.39 million ADA, excluding token amounts. I want to be clear that this analysis is ongoing, but I am happy to keep working on it and provide a full forensic report to assist exchanges, Binance, and any relevant parties in tracing the flow of funds to the attacker. I built the tooling for this analysis under difficult circumstances, despite the personal attacks, transparency matters in incidents like this. The community deserves clear data. More to come. I hope this helps. Do not underestimate this community.