🔐 SecondFi Maps Recovery Plan After $2.4M Cardano Wallet Exploit Cardano wallet platform SecondFi says it has begun implementing a recovery plan following the recent security exploit that resulted in an estimated loss of around $2.4 million worth of ADA and native assets.

⚠️ According to onchain data, roughly 12 million ADA was drained from around 178 wallets during the incident, with some users also losing NFTs and other Cardano-native tokens.
🛠️ The team stated that:
• affected wallet functions have been disabled
• the platform remains in maintenance mode
• and a recovery roadmap is now underway.
📅 SecondFi says its goal is to begin returning affected user funds within the next two weeks, though the exact reimbursement structure has not yet been fully disclosed.
🔍 The exploit has once again raised concerns around:
• wallet infrastructure security
• frontend vulnerabilities
• and operational risk management across crypto applications.
🧠 The incident also highlights how attacks are increasingly shifting away from direct smart contract exploits toward:
• wallet-layer attacks
• compromised interfaces
• and user-side security weaknesses.
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