Cardano

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SecondFi Exploit Drains 374 Cardano Wallets, Over 16 Million ADA Stolen in Coordinated Attack

SecondFi Exploit Drains 374 Cardano Wallets, Over 16 Million ADA Stolen in Coordinated Attack

EMURGO Confirms $2.4M Loss, Emergency Recovery Fund Established for All Affected Wallet Holders

Blockonomi | 4 months ago
SecondFi Reveals Private Key Flaw Behind Cardano Wallet Exploit, Issues Urgent Warning

SecondFi Reveals Private Key Flaw Behind Cardano Wallet Exploit, Issues Urgent Warning

A total of 16 million ADA, equivalent to about $2.4 million, were stolen from 374 electronic wallets in four separate incidents. The emergency containment measures applied by the platform managed to protect 129 million ADA under third-party custody.

Crypto-economy | 4 months ago
Cardano Foundation and SENAI São Paulo Announce Strategic Multi‑Year Partnership

Cardano Foundation and SENAI São Paulo Announce Strategic Multi‑Year Partnership

Cardano Foundation and SENAI São Paulo signed a multi-year strategic alliance to integrate blockchain into Brazilian industry. The first phase included two weeks of intensive technical training in São Paulo, with 130 R&D and education professionals onboarded. The roadmap includes certifications, industrial traceability pilots and Digital Product Passports for the manufacturing sector.

Crypto-economy | 4 months ago
Cardano wallet exploit: SecondFi traces attack to private key flaw, warns users not to restore seed phrases

Cardano wallet exploit: SecondFi traces attack to private key flaw, warns users not to restore seed phrases

The Cardano wallet provider says the exploit stemmed from a signing flaw that exposed private keys and has identified two attacker groups behind the attacks.

Ambcrypto | 4 months ago
“I Didn't Sell a Single ADA” Hoskinson Defends Cardano Commitment Since 2017

“I Didn't Sell a Single ADA” Hoskinson Defends Cardano Commitment Since 2017

Cardano (ADA) founder Charles Hoskinson has reaffirmed his long-term commitment to ADA, emphasizing he has never sold any ADA since 2017.

Zycrypto | 4 months ago
SecondFi Patches Wallet Exploit After $2.4 Million in ADA Stolen From Cardano Users

SecondFi Patches Wallet Exploit After $2.4 Million in ADA Stolen From Cardano Users

SecondFi, the Cardano wallet previously known as Yoroi, has announced that it has fixed a critical security vulnerability that resulted in the theft of approximately 16 million ADA, valued at around $2.4 million. The exploit impacted 374 user wallets across three separate attacks, raising concerns about wallet security within the Cardano ecosystem.

Tokenpost | 4 months ago
Cardano (ADA) Project SecondFi Hit by Major Exploit with Losses Potentially Exceeding $20M

Cardano (ADA) Project SecondFi Hit by Major Exploit with Losses Potentially Exceeding $20M

In yet another rather concerning development for the already struggling Cardano (ADA) ecosystem, the DeFi project SecondFi has been the victim of a significant exploit.

Crowdfundinsider | 4 months ago
Cardano Foundation joins coalition to launch Legal Context Protocol for AI transactions

Cardano Foundation joins coalition to launch Legal Context Protocol for AI transactions

The Legal Context Protocol could redefine AI-driven commerce by ensuring legal enforceability, potentially stabilizing a $15 trillion market. Cardano Foundation joins coalition to launch Legal Context Protocol for AI transactions.

Cryptobriefing | 4 months ago
SecondFi loses $2.4 million in Cardano wallet exploit

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 attackers could reach it.

Coindesk | 4 months ago
Cardano's scaling overhaul hit by a user confidence gap widened by ADA's slump and wallet exploit

Cardano's scaling overhaul hit by a user confidence gap widened by ADA's slump and wallet exploit

Cardano has opened public testing for a major throughput upgrade and advanced a mainnet hard fork, pushing forward the blockchain's most consequential architectural changes in years.

Cryptoslate | 4 months ago
SecondFi Breach May Exceed $20 Million, Leaving ADA Exposed to Deeper Losses

SecondFi Breach May Exceed $20 Million, Leaving ADA Exposed to Deeper Losses

SecondFi disclosed a wallet-generation software breach on June 23, initially estimating losses near 16 million ADA, or roughly $2.4 million. External on-chain analysis warned exposure could exceed $20 million if suspected attacker-linked addresses involving more than 129 million ADA are confirmed. ADA traded below $0.

Crypto-economy | 4 months ago
SecondFi traces Cardano wallet exploit to address-level issue

SecondFi traces Cardano wallet exploit to address-level issue

Cardano wallet SecondFi traced the incident to an address-level issue and secured 129 million ADA after attackers drained funds from 374 addresses.

Cointelegraph | 4 months ago
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