SlowMist Says SecondFi Wallet Losses Could Exceed $20M

Cardano ecosystem project SecondFi has released an update on its recent security incident, stating that the root cause has been traced to its wallet generation software and estimating losses at approximately 16 million ADA. However, SlowMist founder Cos (Yu Xian) said analysis of wallet activity suggests actual user losses could theoretically exceed $20 million. Security […] Read The Full Article SlowMist Says SecondFi Wallet Losses Could Exceed $20M On Coin Edition.