SecondFi, a Cardano wallet provider, has introduced a detailed plan for compensating users affected by a June 2026 security breach. The company confirmed it will permanently cease regular operations and shift all resources to asset withdrawal and user compensation. In an unprecedented move, SecondFi is collaborating with Input Output Group and the Cardano Foundation to launch the first Web3 compensation tool utilizing zero-knowledge proofs. This mechanism aims to allow eligible users to claim funds securely without revealing sensitive information such as seed phrases or private keys.