SecondFi User Losses May Exceed $20 Million Following Security Incident
2026-06-24 09:06

Monitored by Woofun AI, SlowMist founder Cos disclosed that continuous on-chain surveillance suggests SecondFi user losses may have surpassed $20 million following a recent security breach. Analysis indicates that two addresses beginning with 'addr1q' are likely controlled by the attacker, linking them to stolen assets potentially exceeding 129 million ADA and other tokens. This assessment significantly revises the project's earlier statement, which attributed the incident to web wallet generation software and estimated affected funds at approximately 16 million ADA.

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Tags:
ADA
Cos
SlowMist
SecondFi
Cardano
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