SecondFi (Yoroi) Is Shutting Down — Official EMURGO Update

We have another major update from SecondFi around the hack and also the recovery of all the funds for users that have been affected. So let's get right into this one here.

What you’ll learn:

• We have another major update from SecondFi around the hack and also the recovery of all the funds for users that have been affected.

• This is the official statement from EMURGO at the moment around the SecondFi incident.

• Now, I'll go through this summary really quickly for you guys to get to the point.

• They've engaged multiple different security firms to conduct a review, and they have patched the current vulnerability that they have ident…

• So they're not releasing all the details of it just as yet, because there may be more that I've found.

• And they do know that there are malicious actors at the moment trying to get more funds out of this particular exploit.

Chapters:

0:00 SecondFi Update From EMURGO

0:45 Official Statement Summary

1:45 Security Review & Patch