SecondFi patches vulnerability, secures 129M ADA after exploit

SecondFi (formerly Yoroi), a Cardano (ADA) ecosystem wallet that suffered an exploit yesterday, announced via X that it has identified the root cause of the vulnerability. The team has deployed a patch to all unaffected wallets and expects to resume operations soon. SecondFi added that four separate fund outflows occurred from affected wallets, with a total of 16 million ADA (approximately $2.36 million) stolen from 374 addresses. The project also stated it took emergency measures to secure 129 million ADA that the attacker could have exploited. These funds have been transferred to a third-party custodian and will be held for affected users pending verification.