SecondFi, formerly Yoroi, one of Cardano’s most trusted wallets built by founding entity Emurgo, disclosed a breach on June 23 after a flaw in its web wallet generation software exposed users’ private keys. Confirmed losses sit at ~16M ADA ($2.4M), but SlowMist estimates the real figure could exceed $20M across 129M ADA still sitting in vulnerable wallets.
Services are frozen. 1M+ users told to migrate immediately. No compensation timeline announced.
If you ever used SecondFi or Yoroi’s web wallet, move your funds now. 👇
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