SecurityCoinDeskabout 1 hour ago
SecondFi shuts down after $2.4M ADA theft
1 min read
Cardano wallet SecondFi is shutting down after a software exploit allowed attackers to steal 16.1 million ADA ($2.4 million) from 374 wallets. The breach stemmed from a vulnerability in transaction signing software that enabled the derivation of private keys from blockchain transaction data. SecondFi will release wallet export tools in early August and a recovery portal later that month, though no distribution date for recovered funds is set.
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