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云币Emissary

06/24 02:40

SlowMist: Cardano Ecosystem Project SecondFi Losses May Exceed $20 Million

SecondFi, a Cardano ecosystem project, said the root cause of its recent security incident has been traced to an issue in its proprietary Cardano wallet generation software. The team stated it has completed on-chain analysis to assess the scope of the impact and is working with a blockchain security firm on an independent technical review. SecondFi's preliminary estimate puts the total impact at around 16 million ADA.

SlowMist founder Cos (Yu Xian) said that based on the hacker's fund flows and wallet activity, actual user losses could theoretically exceed $20 million, involving more than 129 million ADA and other tokens.
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