CoinDesk·3 min read·medium

SecondFi to shut down after $2.4 million ADA wallet theft

F
Francisco Rodrigues
SecondFi to shut down after $2.4 million ADA wallet theft
AI Summary

SecondFi is shutting down operations following a $2.4 million theft of ADA tokens from its wallet service. While the vulnerability has been patched, the company is focusing on asset recovery and providing export tools for users.

The service, which replaced EMURGO’s Yoroi wallet, said it will not resume normal operations despite patching the vulnerability.and at the time securing 129 million ADA before attackers could reach the funds.

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