Cardano wallet SecondFi suffers $2.4M loss in vulnerability exploit

SecondFi, a wallet in the Cardano (ADA) ecosystem formerly known as Yoroi, announced on X that it has suffered a loss of 16 million ADA, worth approximately $2.4 million, due to a platform vulnerability exploit. The platform is currently in maintenance mode, and a snapshot of existing balances has been taken. Further details regarding the hacker's activities and any compensation plans will be released at a later date.