Intersect said Cardano co-founder Emurgo will hand TOKEN2049 planning to the Cardano Foundation following the $20 million SecondFi incident. According to NS3.AI, Emurgo said its sole priority must be recovering assets for affected users.
The update follows a SecondFi hack last June in which $2.4 million worth of ADA was stolen. Intersect did not provide further details on the transition timeline or how the Cardano Foundation will manage the event planning going forward.
Cardano Foundation to Take Over TOKEN2049 Planning After SecondFi Incident, Intersect Says
2026-07-14 17:52:55
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