Token2049 Hosting Shifts to Cardano Foundation Amid SecondFi Security Crisis
2026-07-15 09:21

Woofun AI reports that EMURGO has transferred hosting rights for Token2049 to the Cardano Foundation. Intersect confirmed the move stems from EMURGO's inability to allocate resources while addressing the SecondFi security incident. The transfer follows mutual agreement to ensure timely delivery. The event remains scheduled for October. Previous reports indicated SecondFi losses ranging from $2.42 million to over $20 million.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
ADA
Token2049
SecondFi
SlowMist
EMURGO
Intersect
Cardano Foundation
Cardano
Share:
back