SecondFi Prepares Asset Recovery Tool After $2M Cardano Exploit
- —The exploit affected 374 Cardano wallets and cost $2 million
- —The cause was a deterministic nonce derivation error in the software signer
- —zkSecurity found 2 critical bugs in upstream code, both fixed
- —The tool uses ZK proofs without revealing the seed phrase
Why it matters: Recovering assets without revealing keys sets a standard for compensation after hacks in the Cardano ecosystem.
Source: AMBCrypto