According to BTC World News, the Cardano ecosystem project SecondFi was attacked at the end of June, with about 16 million ADA (about $2.4 million) stolen from 374 wallets. Subsequently, Emurgo, one of Cardano’s founding entities, announced that it would launch an asset recovery mechanism within two weeks, while the independent forensic team Tibane Labs also released an independent analysis of the incident. The incident sparked widespread discussion in the industry about whether blockchain ecosystems can compensate theft victims without damaging their characteristics. Emurgo’s recovery plan will establish the mechanism within one week and conduct tests in the following week, aiming to provide compensation for affected users. The way this incident is handled will serve as an important reference for future governance debates.

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WhoIsTheFlowerAttach
· 4h ago
Always bragging nonsense every day—okay, but there’s nothing real.
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GasInTheHourglass
· 7h ago
Cardano is doing asset recovery this time—does it amount to an indirect rollback? Decentralization believers can’t sit still.
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LimeMulti-Signature
· 7h ago
Has an independent analysis by Tibane Labs been released? I’d like to see the technical details—how were 374 wallets compromised at the same time?
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