Cardano wallet SecondFi to shut down after $2.4 million ADA exploit hits 374 accounts
SecondFi, a Cardano wallet provider that succeeded EMURGO’s Yoroi wallet, is shutting down after a critical software vulnerability enabled attackers to steal 16.1 million ADA, valued at $2.4 million, from 374 user wallets. The company confirmed that the breach allowed bad actors to derive sensitive private keys directly from blockchain transaction data, enabling unauthorized access to users’ funds.