SecondFi to shut down after $2.4 million ADA wallet theft
The breach stemmed from a vulnerability in transaction signing software that enabled the derivation of private keys from blockchain transaction data.
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Summary
- 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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In Q2; TRON’s stablecoin dominance rose to 28.7%, USDT supply on TRON hit $89B ATH, $89M in protocol fees (2nd to Hyperliquid), TRX +3%, and deepening institutional & agentic reach.
In Q2; TRON’s stablecoin dominance rose to 28.7%, USDT supply on TRON hit $89B ATH, $89M in protocol fees (2nd to Hyperliquid), TRX +3%, and deepening institutional & agentic reach.
Why it matters:
In Q2; TRON’s stablecoin dominance rose to 28.7%, USDT supply on TRON hit $89B ATH, $89M in protocol fees (2nd to Hyperliquid), TRX +3%, and deepening institutional & agentic reach.
