SlowMist's Cos: SecondFi User Losses May Exceed $20 Million

Odaily Planet Daily News: In response to the recent security incident involving Cardano ecosystem project SecondFi, SlowMist founder Cos said on social media that after continuously monitoring the relevant on-chain data, he believes that if the two addresses starting with "addr1q" are both controlled by the attacker, the actual losses for SecondFi users may have exceeded $20 million.

Cos stated that based on on-chain behavior analysis, the aforementioned addresses are highly likely related to the attacker, involving stolen assets potentially exceeding 129 million ADA and other tokens.

Previously, SecondFi disclosed that this security incident affected approximately 16 million ADA, stating that the issue originated from the web wallet generation software.