Dossier
wallet exploit
Coverage of wallet exploit in the Nexus archive.
- Cardano founding entity EMURGO steps down from Pentad governance role after wallet exploit
EMURGO, the founding entity of Cardano, has stepped down from Pentad governance following a wallet exploit that exploited a flaw in the wallet's address generation system, resulting in a loss of 16 million ADA valued at $2.4 million.
- SecondFi maps recovery path after $2.4 million Cardano wallet exploit, aims to return funds within two weeks
SecondFi experienced a security exploit that drained $2.4 million in ADA from 374 addresses over three days due to a flaw in its wallet-generation software. The company aims to recover and return the funds within two weeks.