SecondFi Unveils Reimbursement Plan After $16M ADA Heist
SecondFi has revealed its three-phase reimbursement plan following the June 2026 attack that resulted in the theft of 16.1 million ADA ($0.16 · Live).
The team at SecondFi announced that they were able to protect 129 million ADA from the hackers, despite the significant loss.
According to the plan, a pass-through mechanism will be implemented by mid-August, and a ZK reimbursement portal for ADA holders will go live at the beginning of September.