SecondFi discovered a critical vulnerability in its wallet-generation process on June 23, which compromised private keys for Cardano wallets, allowing unauthorized access. This exploit led to losses of about 16 million ADA (around $2.4 million), with potential total losses reaching 129 million ADA including other tokens and NFTs. The platform has suspended services and is investigating further, but the breach has damaged user trust significantly. Recovery efforts continue, but restoring confidence in SecondFi remains a major challenge.
Tower Resources PLC has raised £400,000 to strengthen its working capital while awaiting government approvals for two farm-out deals in Namibia and Cameroon. The company expects imminent ministerial approval in Namibia, with the final condition for c...
SecondFi, a Cardano ecosystem wallet project, identified a security breach linked to its native Cardano web wallet generation software, causing an estimated loss of around 16 million ADA. Security firm SlowMist suggests the actual losses could exceed...
Bitcoin is experiencing significant outflows as institutional investors move capital into AI stocks and upcoming tech IPOs like SpaceX and Anthropic. Spot Bitcoin ETFs saw their second-largest three-week outflow on record, and CME Bitcoin futures ope...
SecondFi, formerly Yoroi, suffered a critical security breach on June 23 due to a flaw in its wallet key generation, compromising 178 wallets and resulting in confirmed losses of about 16 million ADA ($2.4 million). Security firm SlowMist warns total...
Bitcoin surged above $63,000 as US political and regulatory developments, including a Senate probe linked to President Trump's family and upcoming crypto tax legislation, influenced market sentiment. Meanwhile, China advanced legal clarity on its dig...
