Security· ★★★· bearish·

SecondFi offers $8 per unrecoverable NFT in $21M hack recovery

  • —The June 2026 exploit of SecondFi's Cardano wallets is estimated at $21 million
  • —Unrecoverable NFTs will be compensated with a fixed 30 ADA, worth about $8
  • —The portal was delayed from August; claims can take up to five working days
  • —SecondFi's guide advises entering the private recovery phrase on its website
Why it matters: The case highlights how weak compensation and unsafe recovery procedures can erode trust in wallet and custody services.
#ADA
Source: Protos
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