SecondFi shuts down after $2.4 million ADA wallet theft

Crypto lending platform SecondFi is shutting down after hackers stole $2.4 million worth of ADA (Cardano) from its wallet. The breach exploited a vulnerability in transaction signing software that allowed private keys to be derived from blockchain transaction data. The company has announced it will cease operations as a result.

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🪙 Crypto SecondFi to Shut Down After $2.6M ADA Theft Linked to Wallet Vulnerability Cointelegraph · 6d ago 🪙 Crypto Cardano's Van Rees hard fork cuts transaction fees — can ADA recover? BitHub.pl · 8d ago 🪙 Crypto Cardano (ADA) rallies as Input Output hands core infrastructure to outside teams Decrypt · 11d ago

More on this topic

🪙 Crypto SecondFi to Shut Down After $2.6M ADA Theft Linked to Wallet Vulnerability Cointelegraph · 6d ago 🪙 Crypto Cardano's Van Rees hard fork cuts transaction fees — can ADA recover? BitHub.pl · 8d ago 🪙 Crypto Cardano (ADA) rallies as Input Output hands core infrastructure to outside teams Decrypt · 11d ago