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EMURGO Steps Down From Cardano Funding Group After SecondFi Exploit

2026-07-10 15:57:25

Abstract generation in progress

EMURGO stepped down from Pentad after the SecondFi exploit drained roughly $2.4 million in ADA from 374 wallets. The exploit hit a wallet layer used near Cardano governance flows, and the public record so far ties the incident to compromised custody rather than governance votes.

ADA-0.01%

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