#secondfi Tech News.
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SecondFi, the Cardano wallet formerly known as Yoroi, confirmed three external attacks drained 16 million ADA ($2.4 million) from 374 wallets via a flaw in its proprietary wallet generation software. A patch has been rolled out for unaffected users. SlowMist estimates total losses could exceed $20 million.
SecondFi traced a Cardano wallet exploit to an address-level vulnerability that exposed private keys during transaction signing. Attackers drained funds from 374 addresses, affecting roughly 16 million ADA ($2.4 million). SecondFi secured 129 million ADA and is transferring it to an independent third-party custodian for affected users.
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