Magnifico

Immutable

[OKX @okx]

BIG NEWS! 📣

ANYONE WHO LIKES AND RETWEETS THIS POST WILL BE REWARDED WITH GOOD CRYPTO VIBES AND LOTS OF NEW MONEY MAGIC.

[Magnifico @cryptomagnifico]

@coingecko #CARDANO Chain

[Magnifico @cryptomagnifico]

@anndylian $NIGHT
$ADA

[Magnifico @cryptomagnifico]

@coingecko MIDNIGHT $NIGHT

[Magnifico @cryptomagnifico]

@BSCGemsAlert $ADA

[Magnifico @cryptomagnifico]

@AltcoinDaily $ADA

[Magnifico @cryptomagnifico]

@carlmoon $ADA

[SecondFi @secondfiapp]

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.

-----

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.

[Magnifico @cryptomagnifico]

@phil_uplc @secondfiapp Kindly expound your point. It's vague.

[Magnifico @cryptomagnifico]

@Lgbeano @secondfiapp 238 million ADA is too way far from the 16 million ADA @secondfiapp has declared lost yesterday. What's up @secondfiapp ?!

[Magnifico @cryptomagnifico]

@cwpaulm @GeroWallet @secondfiapp @YoroiWallet @emurgo_io I'm one of those affected. Such abad experience! They must find a way to recover the stolen fund.

[Magnifico @cryptomagnifico]

@ItsDave_ADA Is there a chance for a refund of lost ADA?

[Magnifico @cryptomagnifico]

@secondfiapp Is there a way to check my fund while wallet is inaccessible at the moment?

[Magnifico @cryptomagnifico]

@CoinMarketCap $ADA

[Magnifico @cryptomagnifico]

To all the Cardano haters you are wrong!

[Alex Lagi @LagyADA]

To all the Cardano haters you are wrong

[Magnifico @cryptomagnifico]

@CardanoFeed Nonsense

[Magnifico @cryptomagnifico]

@lilybrodi She's my better half.

[Dr.oz 🪏 @1Exit_Liquidity]

@emurgo_io @FireblocksHQ Lfggg

[Magnifico @cryptomagnifico]

@econoar $ADA

[Magnifico @cryptomagnifico]

@SuiInsiders $ADA