Cardano’s wallet hack exposed the user layer holding its on-chain government together

EMURGO said it is stepping down from its role in Pentad, the five-member group coordinating Cardano's infrastructure funding, to focus resources on recovering funds lost in the SecondFi exploit. The attack exploited a flaw in SecondFi's wallet address-generation system, draining roughly $2.4 million in ADA from 374 wallets. A wallet-layer product failed, and EMURGO, one […] The post Cardano’s wallet hack exposed the user layer holding its on-chain government together appeared first on CryptoSlate.