Crypto

Cointelegraph @Cointelegraph · 2026-07-22

SecondFi to wind down after $2.6M ADA theft linked to wallet flaw

SecondFi is winding down after a $2.6 million ADA wallet exploit as affected users await delayed recovery tools and migration options.

Quick take

SecondFi is winding down after a $2.6 million ADA theft due to a wallet flaw. The breach, which affected 374 wallets, is linked to a cryptographic flaw and potentially to North Korea's Lazarus Group. Recovery tools are expected to be released in August.

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