SecondFi Freezes Transactions After $16M ADA Incident, Launches Quarantine Recovery Mode

3 weeks ago 5

Rommie Analytics

Key Takeaways:

All transfers, swaps and fund movements have been turned off by SecondFi and they are now in “quarantine mode”.
Following the security incident that resulted in the loss of nearly $16 million worth of ADA, the platform is working on wallet recovery and migration tools.
Users are encouraged not to use unofficial links and wait for official recovery directions.

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