Run a program off-chain, far heavier than anything a chain could execute directly, in a zero-knowledge virtual machine. It produces a proof that it ran and ran correctly. That proof can now be checked, directly, inside a Cardano contract. Not a special proof built for one task. Any program you can write in Rust.
Cardano DeFi and DEXs will never be the same 😤
CIP‑113 is getting close:
programmable native assets with on-chain rules for compliance, RWAs and stablecoins, all of this while keeping Cardano’s native asset efficiency.
It’s time to get excited for Cardano DeFi 💙
The funny thing about Cardano is most of the people talking it down couldn’t tell you what’s actually being built on it.
They’re just repeating what they heard from someone else.
That’s usually not a great investment strategy.
When this Yoroi/SecondFi ordeal is over, please make sure you're not just swapping wallet, but also dRep.
Most likely you're delegating to Emurgo or an Emurgo affiliated dRep, even if you don't know it. Cardano have loads of capable dReps that puts the ecosystem first.
The larger the audience, the less capacity for nuance.
There's a lot of armchair speculation regarding this SecondFi issue floating around from people on the outside.
This is understandable: absent any other lever, I can understand why people want to speculate and try to get to the bottom of the issue.
However, much of it is incorrect, myopic, and uninformed. Please keep that in mind as you read what people have to say and form your own opinion or act hastily.
Myself and others have been asked to help with the forensics. I'm limiting what I say publicly until we have a complete picture, but rest assured, I will write an independent after action report that attempts to make everything crystal clear, similar to what I wrote for the pig-chain incident last year.
This incident will certainly need to be paired with acute accountability; but accountability and pitchforks are not the same thing.
🚨 An Important Security Update from the Ctrl 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.
⚠️ 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
If you believe you were affected by the recent reported @secondfiapp incident involving Yoroi Wallet and lost assets, including $ADA or Cardano Native Tokens, please complete the form below:
https://t.co/JDHNHKsHsJ
We are bringing affected users together to understand what happened and explore whether any practical or legal steps may be available, including tracing funds, contacting exchanges and supporting possible recovery efforts.
We cannot guarantee that any funds will be traced, frozen or recovered, and completing the form does not create a solicitor-client relationship or mean that anyone has agreed to act on your behalf.
Please do not share your seed phrase, private keys, passwords or any information that could give access to your wallet.
No one from our team will ever ask you to transfer funds, connect your wallet or pay a recovery fee.
Please use only the official link posted by this account and be alert to impersonators, phishing links and anyone claiming that recovery is guaranteed.
This notice is intended to gather information from affected users. It does not make any final allegation against any person or organisation.
Please repost and share with the wider #Cardano community.
🚨 SECURITY ALERT!!
@YoroiWallet / SecondFi wallet has been COMPROMISED!!
Move your funds out of any address that you access with Yoroi wallet, and move the funds to a fresh NEW seedphrase in a different wallet (eg Eternl, Lace, ...).
Secure your funds if you use Yoroi wallet!
1/11
Cardano DeFi is ready for prime time.
Today we’re introducing PRIME:
a 12-month AlphaGrowth-run program to help Cardano attract liquidity, deepen DeFi usage, and become a first-class destination for capital.
Mithril signer 1.0.0: production-ready on @Cardano mainnet
The Mithril signer has reached version 1.0.0, its first stable release, delivered with the 2617.0 distribution. It is now officially production-ready on the Cardano release-mainnet network.
This milestone follows nearly three years of continuous development. Since the mainnet beta launch in July 2023, the signer has been progressively improved, hardened, and validated in production by the community of stake pool operators running it on release-mainnet.
Version 1.0.0 reflects that the software now meets the bar for stability and operational maturity across four dimensions:
Stability: a settled public API, configuration model, and operational behavior
Performance: validated across supported platforms, including Linux x86_64 and Linux ARM64
Security: the outcome of many iterations of review and hardening of the signing pipeline
Reliability: suitable for long-running production deployments on release-mainnet
From this release onward, the Mithril signer adopts semantic versioning. Any backward-incompatible changes will be communicated in advance through dedicated dev blog posts, giving operators clear visibility into upgrade implications.
Operators running a signer on release-mainnet or release-preprod should upgrade to 1.0.0 as part of the 2617.0 distribution rollout. No configuration changes are required.
Thanks to the stake pool operators who have run the Mithril signer and contributed feedback since its earliest iterations. This stable release is a direct result of their engagement and of the collaboration that continues to strengthen the Cardano ecosystem.
#Cardano #Mithril #Blockchain #Infrastructure #StakePoolOperators
Hot take:
Cardano’s biggest asset was never ADA.
It was always the community of builders behind it.
After spending time with a bunch of Cardano OGs recently, I got to relive the enthusiasm that made me start building here years ago.
Dolos, Pallas, Oura, Aiken, Mithril… none of these came from Twitter drama.
They came from people who believed Cardano was worth building.
Let’s bring those vibes back
I have just successfully executed end to end what I believe is the first example of selective disclosure privacy capabilities on Cardano.
After weeks of hurdles, and what has honestly felt like months of problem solving, I now have a working approach that can support a wider range of privacy based disclosure use cases on Cardano.
The important part is the architecture. A user can prove something about themselves, or their on chain position, without exposing more information than is actually required.
That opens up practical use cases around gated access, governance access, delegation based verification, eligibility checks, and privacy preserving interactions.
There is still more work to do, but this feels like a meaningful step forward.
Privacy on Cardano is starting to become very real.
A huge milestone for Cardano that I will be pushing forwards as much as I can, and the capabilities are down to the hard work from all the engineers involved and a reminder that funding these activities is essential to Cardano's future growth.
To everybody that doubted me, this one is specifically for you.
Verifying that a Cardano transaction happened, from inside a Cardano smart contract, has needed a trusted oracle. A contract sees its own inputs and nothing else. It has no access to chain history, no way to check that some other transaction was ever included. Someone has to tell it, and the contract has to trust them.
It no longer does.