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Showing posts from October, 2026

SecondFi offers $8 for every unrecoverable NFT lost in $21M hack

Cardano wallet firm SecondFi finally launched a recovery portal for victims of the neo-finance platform’s $21 million hack, but will only pay roughly $8 for every unrecoverable NFT taken. SecondFi says victims looking to recover their assets will be assessed with an “incident snapshot” based on the June 2026 exploit of Cardano wallets.  This snapshot will only act as an estimate, and SecondFi claims, “The final amount may differ.” Unfortunately, for any NFTs that for some reason cannot be returned to victims, SecondFi says it will offer unlucky holders “a fixed amount” of 30 ADA, worth $7 and 60 cents.   Victims are also required to use a newly created Cardano wallet for the destination of any recovered funds. Recovery portal repeatedly delayed Today’s portal launch was initially scheduled for August, but was pushed back several times across September.  The portal allows victims to verify their affected wallets and submit a claim fo...