SecondFi says forensic investigations are complete and users could begin receiving recovered assets in about two weeks following last week's exploit.

SecondFi traced a Cardano wallet exploit to an address-level issue after losses across 374 addresses, while 129 million ADA was secured.

SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it.

SecondFi plans to refund users within two weeks after a nonce derivation flaw in its Cardano wallet software led to the theft of 16 million ADA from 374

SecondFi says forensic investigations are complete and users could begin receiving recovered assets in about two weeks following last week's exploit.

An exploit drained about $2.4 million in ADA from 374 addresses over three days through a flaw in SecondFi's wallet-generation software.