⚠️ SecondFi (formerly Yoroi) Security Incident
Although the official statement claims the impact was limited and the issue has been resolved, transfers to the thief's wallet are still ongoing.
I have compiled a guide on the procedure—restoring the wallet elsewhere, creating a new wallet, and moving all funds to safety—including steps to verify the official URL and protect against scams 👇
*Please make sure to verify the wallet URL yourself as well.
https://t.co/sI2pWogdT8
🚨 SECURITY UPDATE: Root Cause & Blast Radius Confirmed
We have isolated the root cause of the recent security incident. The issue was confined to our native Cardano web wallet generation software.
Our team has completed an onchain analysis to determine the scope of impact, and we are now finalizing an independent technical review with a leading blockchain security firm to validate our findings.
BLOCK//45 is live! IO's new flagship show for Cardano covers the builders, markets, and momentum moving the ecosystem forward.
Episode one: @lilybrodi and @cwpaulm talk to IO's own @carloslodelar about Leios and its testnet, launching this week.
Watch: https://t.co/9uOf2tBG84
Dear Cardano community...
What happened to us? 😓
Why do so many people feel defeated?
Why has frustration turned into hostility?
Why has disappointment become anger?
I get it.
I've been here for years too.
I've invested my time, my energy, my reputation, my money, my passion... just like many of you.
When you've dedicated years to something you believe in, watching projects shut down, seeing friends leave, and watching the price fall hurts.
It makes you question whether all those years meant anything at all.
Recently we've seen major ecosystem projects close, respected builders move on, and sentiment reach one of its lowest points in years. The pain and frustration that people feel are real.
But eventually, every one of us reaches the same crossroads.
There are only two paths.
You leave...
Or you keep building.
If you decide to leave, I genuinely wish you the best. And I appreciate all the effort and time you invested. Every grain of sand counts!
Take with you everything Cardano gave you.
The people you met.
The knowledge you gained.
The skills you developed.
The friendships you built.
The lessons you learned.
Those things are real.
No market can take them away.
But please...
Don't leave carrying and spreading hate.
Don't attack the people who choose to stay and put a ton of their free time into adding more grains of sand.
Because you know exactly how they feel.
You were once that person too.
They're putting in late nights.
They're sacrificing time with family.
They're taking risks.
They're believing in something bigger than themselves.
They don't deserve extra weight on their shoulders.
And if you're staying...
Thank you.
Let's remember why we're here.
We all want the same thing.
More builders.
More users.
More partnerships.
More real-world adoption.
More TVL.
More innovation.
A stronger Cardano.
We're on the same team.
The price is down.
Yes.
But hate won't raise it.
Fighting each other won't raise it.
Mocking builders, Dreps, SPOs, and creators won't raise it.
Celebrating failures won't raise it.
Refusing to collaborate won't raise it.
Communities don't die because they go through difficult times.
They die when they stop supporting and believing in each other. ❤️
How can we fix this? 🥹
$ADA isn’t going anywhere! You can hate from your mom’s basement as much as you want. You can bark, you can type, you can do whatever you want. But it is destined, Cardano will win in the end, and you will have to live the rest of your life knowing you were on the wrong side of history... We all choose, some choose the light, and some like you choose the darkness...
The first prediction perps trades using @MidnightNtwrk mainnet have officially happened on Ascend 🔥
Link:
https://t.co/Y1emTGQGUc
🙏 Huge thank you to everyone who helped make this possible, especially our mainnet OGs.
Buckle up, we're bringing you a new category of DeFi!
Yesterday the maybe most unexpected moment of my professional career so far happened.
I was invited to the German Parliament to speak at a panel about Agent-To-Agent Payments using Blockchain.
An absolutely unreal moment.
The room was packed with politician & businesses. I spoke about our work with Masumi, the work with Serviceplan, how companies are hiring & selling agents on our agent marketplace today already and why we chose to build on Cardano.
Big shout-out and thanks to Bundesblock and Member of Parliament Marvin Schulz.
🚨 ALERT : The proposed CLARITY Act could classify $ADA as a digital commodity.
Regulatory clarity remains one of the biggest catalysts for crypto adoption, and #Cardano could be among the beneficiaries if the bill moves forward. 👀
#ADA#Cardano
GM Cardano,
To understand how Alchemy will ignite Bitcoin DeFi in your ecosystem, you must see how the economics of FIRE (BTC+) and ICE (BTC-) actually work.
Think of Alchemy like the first onchain, bitcoin-backed bank. FIRE holders are like the equity holders in the bank, while ICE holders are like customers with a savings account.
Observe the simulator below. Both assets are minted with BTC, and backed by the same BTC reserve, but their value reacts to bitcoin's price changes in vastly different ways that appeal to different investor profiles.
FIRE is amplified exposure. When BTC moves, the FIRE price moves with it, and then some. It's even more volatile than BTC in the short term, with potential for even greater gains than BTC in the long term as the asset keeps appreciating.
ICE is the opposite. It provides gradual growth in USD - less than BTC's long-term growth rate (starting around ~9.5% to 10% APR estimated). In return, holders don't need to sweat the volatility: ICE holders' exposure doesn't change whether the price goes up or down.
The assets are complementary. FIRE minters provide the downside buffer for risk-averse ICE holders. ICE holders provide the amplified upside for risk-tolerant FIRE holders.
In a sentence: Alchemy *strips* bitcoin's excess volatility and risk away from ICE , and concentrates it into FIRE.
This is the same economic structure that Strategy is using to take the securities market by storm. MSTR ($42 billion) is an amplified bitcoin. STRC ($10.4 billion) is a stabilized bitcoin.
Both are insanely popular. Why? Because not every investor wants or needs the same thing.
Some want their BTC to be *productive.* Others want their BTC to be *predictable.*
With Alchemy, bitcoin users can finally have both.
And they can use it on Cardano. 🟠🤝🔵
Day 3 of posting rare book covers. 📚
Christopher Nolan's The Odyssey hits theaters July 17.
Meanwhile, 12M+ books are preparing to come on-chain. #Cardano
Everyone notices the movie.
Few notice the infrastructure being built underneath the stories.
Own your $STUFF
@stuff_io
🚀 Cardano & Midnight Holders! 💪
We'll keep making these positive and cute posts to boost everyone's morale ❤️
One day, working together, we will all definitely succeed!
$ADA and $NIGHT — Stay patient, keep holding strong, and the right time will bring results.
Together we rise!
#Cardano #ADA #Midnight #NIGHT #CryptoCommunity #HODL
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.
Spend, send, stake, swap, save.
Yoroi DRep and stake pools remain unchanged.
App updates will be rolled out throughout the day.
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.
$ADA ❤️💪
Holding Cardano feels different when you understand what’s being built.
FUD comes and goes. Builders stay.
We are Cardano. And we don’t stop building.
$SONG $NIGHT $STRIKE $ASCEND
What’s your favorite project in the ecosystem?
#Cardano#CardanoCommunity
Everyone is down bad right now. 😅
But if there’s one thing I enjoy, it’s watching the Cardano community rally together whenever the FUD starts flying.
That said, I’ve noticed over the years that too many people in Cardano still aren’t connected to each other. Builders aren’t following builders. SPOs aren’t following SPOs. Community members aren’t following community members.
Yet we’re all trying to grow the same ecosystem.
So if you’re building, educating, creating content, running a stake pool, participating in governance, or simply believe in Cardano, drop a comment.
I want to follow more of the people helping move this ecosystem forward. 🤘🏽
A Message for the Cardano Community ❤️
We all know Cardano is going through a tough phase right now — but this is the beginning of growth, not the end.
As a community, here’s what we should focus on together:
• More constructive discussions — Less toxicity and FUD, more solutions
• Stronger support for developers — Highlight their work, give useful feedback, and amplify it
• Real-world adoption — Promote active projects and use cases
• Push Leios & Midnight forward — Understand them and help educate others
• Global unity — Break language barriers and connect Cardano holders worldwide
• Live true decentralization — Not just talk about it, but practice it
Criticism is welcome, but solution-oriented action is what we need most.
Let’s come together and build! 💪
#Cardano #ADA #CardanoCommunity