Cryptocurrency24 Jun 2026SEO 881 min read

Analysis: SecondFi loses $2.4 million in Cardano wallet exploit

SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attack…

SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it. SecondFi 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. The team rescued a further 129 million ADA before attackers could reach it, routing funds to a third-party custodia…

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