To provide more clarity, we have identified the nature of the incident, it is at the address level. The security risk affects wallet users when a transaction is signed.
Therefore recovery to another platform or wallet does not mitigate the risk.
🚨 DO NOT restore your recovery phrase into a new Cardano wallet.
We have isolated the affected wallets and will post mitigation steps shortly.
🚨 An Important Security Update from the SecondFi Team
We identified a security issue impacting a small number of Cardano wallets on our platform. We have contained the issue and paused the affected functions. Our engineering teams are actively working to restore full functionality to the platform.
To protect our users, SecondFi has been temporarily placed into maintenance mode. All front-end interactions are paused.
Cathie Wood and Winklevoss Twins both agree the Layer 1 blockchain that can prove itself as a secure, reliable, decentralized blockchain could theoretically surpass the marketcap of Gold!
If Cardano succeeds, $ADA would $600-800.