DeFi Intel

Cardano founding entity EMURGO steps down from Pentad governance role after wallet exploit

Cardano founding entity EMURGO steps down from Pentad governance role after wallet exploit

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The SecondFi wallet — EMURGO's rebranded Yoroi — leaked about 16 million ADA ($2.4 million) from 374 wallets via an address-generation flaw, and ADA fell roughly 5% on the governance exit.

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