Emurgo Exits Cardano Governance Group Pentad After SecondFi Wallet Exploit
Emurgo is leaving Cardano governance group Pentad to focus on recovery efforts following the SecondFi wallet exploit, which caused about $2.4 million in damages. According to NS3.AI, the Cardano ecosystem wallet, formerly known as Yoroi, was attacked in June. The report said hundreds of users had funds stolen in the incident.
