CSO at EMURGO ,
Tokenizing RWAs - Scaling ecosystems, simplifying chaos!
Web3 strategist, Calm Degen!
Inner work over outer noise!
Views are my own, NFA.
⚠️ Security Alert: Fake Support Emails and Websites
We are seeing fraudulent support emails and fake websites impersonating SecondFi to target affected users. Do not respond, do not click any links, and do not enter your details.
SecondFi does not provide support through Gmail or any personal email account, and our only official domain is https://t.co/C5s1yFPlq1. Always check the address carefully and do not trust links shared with you.
SecondFi will never email, DM, or message you first, and we will never ask for your private keys, recovery phrases, or wallet credentials.
Do not trust any checker, link, or account outside our official channels:
▪️ X accounts: @secondfiapp and @secondfi_jp
▪️ Support portal: https://t.co/bKfl8SK9D2
▪️ Asset recovery wallet checker: https://t.co/EGLOj6iKDl
As per our previous post:
https://t.co/LGhovIoI3T
We have identified the root cause and have since rolled out a patch for all unaffected wallets. This will allow us to resume normal operations soon.
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Regarding affected wallets, 4 distinct draining events occurred. 3 were executed by external threat actors, resulting in a loss of ~16m ADA across 374 addresses.
To prevent total loss during the active exploit, emergency rescue measures were triggered to secure the available ~129m ADA and continues to be routed to an independent, qualified third-party custodian, where they are held securely for the benefit of the affected wallet addresses.
An external accounting firm has been engaged for a special audit to independently verify those holdings.
We are working to facilitate the verification process so users can claim back their assets safely. Affected users should submit their claim at https://t.co/bKfl8SK9D2
We take this incident seriously and are working to ensure all assets are returned to affected users as soon as possible.
As stated, we have identified the root cause, it is at the address level. Please DO NOT RESTORE your recovery phrase into another Cardano wallet, this does not mitigate the security risk. The security risk occurs when an affected user signs a transaction.
Further explanation to follow.
Yoroi is becoming SecondFi!
What started as a Cardano wallet is evolving into something much bigger, with multichain support, crypto spending, stablecoin yield, tokenized stocks, and more on the roadmap.
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Yoroi Wallet has evolved into a neofinance platform, built for the future of finance. Open the app today to experience @secondfiapp. 🟦
SecondFi is your second home for money.
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Yoroi DRep and stake pools remain unchanged.
App updates will be rolled out throughout the day.
1.4 billion people are locked out of the financial system.
Today, that changes for good.
Your second home for money is here. 🟦 A self-custody neofinance platform where DeFi, TradFi, and AI power one app to spend, send, stake, swap, and save. Money that stays yours, the way it always should have been.
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We’re putting the full SecondFi app in front of you for the first time. Live demo, every feature, end to end.
🖲️ June 8, 10pm SGT
REPOST but to Cardano:
Dear @Cardano, we have been in deep discussion with
@IOHK_Charles and how recent price declines will impact their budgeting needs / ability to deliver on IO proposals. Combine that with my sincere belief that we do require more structured leadership (in conjunction with constructive community involvement);
@emurgo_io will shift to a "Yes" vote for IOR. We are at an existential moment for @Cardano where actions we take now will reverberate through our ecosystem. Also make no mistake, that every chain, is facing the same decision.
EMURGO believes the following: 1. Leadership: At this time, I believe need an executive function that is led by Charles @IOHK_Charles, Fred @F_Gregaard and myself
@phillip_pon alongside Jack @JBriggsLondon
at Intersect. The community will and must be involved.
2. Infrastructure: We need to fund infrastructure and
@IOGroup and some specific protocols / projects remain best positioned to ensure core needs are met.
@Cardano_CF also does work on these matters, alongside @IntersectMBO. @emurgo_io
maintains libraries that are used by nearly all Cardano projects.
3. Commercial: Investments must also be prioritised but we must also accept that most will fail. It is the nature of early stage investment but we must try to create a thriving ecosystem that embraces a multi-chain future. Strike offers other chains too. @LayerZero_Core
is essential to this strategy as are @circle, @PythNetwork , @DuneAnaIytics and
@FireblocksHQ.
4. Marketing & Branding: Web3 is fighting for attention in the age of AI. @Cardano has a unique opportunity to rise above the fray alongside @MidnightNtwrk@F_ZK_Now. Having said that, I am not a proponent of parties, happy hours, or 'free drinks'. Marketing & Branding are serious efforts that need to be led by serious people. I was recently at a dinner with a VC, Regulator, Market Maker, and prominent project where more was done to advance Cardano's relevance than a glad handing party of the usual faces.
@emurgo_io will support serious Marketing and Branding efforts.
There is a lot more I want to say but I want to call upon all DRep to vote "Yes" to the IOR proposal and for those who have abstained or voted "No" to reconsider.
Price has changed, therefore, the value & importance of the proposal has increased.
Please consider @secondfiapp. We are a Neofinance platform (multi chain) founded by @emurgo_io@YoroiWallet@Ctrl_Wallet.
As a cofounding entity of @Cardano, we are well capitalized and committed to a long term future.
Join us!
Pentad delivers again.
In less than a year from its formation, it has been delivering quietly from behind the scenes forming the backbone of true Cardano unity at every level.
From one Token2049 to another Token2049, one milestone to another.
Thank you @IOHK_Charles , @F_Gregaard , @phillip_pon and everyone involved.
We appreciate the vote of confidence, @IOHK_Charles, and we look forward to you returning to the @CardanoSummit.
The Pentad has proven what coordinated execution looks like when Cardano needs it most and EMURGO is committed to deepening that coordination as we formalize how the founding entities move forward together. This moment matters, and showing up as one ecosystem is how we build lasting momentum.
The Cardano at TOKEN2049 Baseline ‘Platinum’ Sponsorship proposal is built around putting builders at the center. The Cardano Builder Stage at the Cardano booth will give the projects shaping the ecosystem a platform to present directly to one of the most consequential audiences in global crypto.
The Pentad alignment and main stage visibility amplify that work, but the builders are the focus. With Charles personally backing the proposal and the Pentad rallying behind it, we have the foundation to make Singapore a defining moment for everyone building on Cardano. 🇸🇬💪
Send your money home. Cash out to a bank. Top up a mobile wallet. Two minutes to 90+ countries. Self-custody the whole way.
Two awesome forces joining hands - @EncryptusGlobal and @secondfiapp
Welcome to the future, @EncryptusGlobal. 🟦
Send your money home. Cash out to a bank.
Top up a mobile wallet. Two minutes to 90+ countries.
Self-custody the whole way.
The future is onchain. SecondFi is how you get there.
🔗 https://t.co/B6ceKBOJja