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Morning Edition · Sunday, June 28, 2026Published at 6:27 AM EDT · New York
SecondFi Holds to Two-Week Recovery Plan After $2.4 Million Cardano Exploit
An attacker drained 16 million ADA from hundreds of wallets, and the protocol is now dealing with a series of copycat scams while it works to recover funds.
SecondFi, a decentralized finance protocol on Cardano, said its recovery remains on a two-week timeline after an exploit drained about $2.4 million, according to crypto.news. The attack removed roughly 16 million ADA, the Cardano network's…
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Bridge and Mint Exploits Sustain Heavy DeFi Losses
Over 3-6 months, recurring bridge proof-validation and unauthorized-mint exploits keep monthly DeFi losses elevated, including drains of deprecated contracts.
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