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SecondFi hack forces Cardano firm to give up running TOKEN2049

Cardano co-founder Emurgo was forced to hand over the organization of TOKEN2049 to the Cardano Foundation following the exploit of SecondFi.

SecondFi is shutting down after Cardano wallet exploit

Cardano wallet firm SecondFi says it will not resume “normal operations” and will instead focus on “returning assets to affected users.”

Cardano’s founder made various claims that cast doubt on wether or not the white hat hacker moving SecondFi funds is known.

SecondFi revealed that a small number of Cardano wallets were drained but warned that it might not be able to make every affected user whole.

Charles Hoskinson thinks a censored Discord server will free Cardano from “endless rage and embittered people.”