SecondFi, a Cardano ecosystem wallet project, announced on August 14 that it is shutting down and has activated a wallet migration tool to help users move remaining assets out of its wallets. The tool, expected to be live by August 13, supports eligible ADA, Cardano native tokens, and NFTs. Users can transfer these assets to a new Cardano wallet created with a service provider they choose. Currently, the tool only covers Cardano-network assets; any non-Cardano assets must be transferred through their corresponding networks and wallet processes. According to SecondFi, the migration tool has passed an independent security assessment by Bitdefender, and users should read the official instructions and safety notices before operating. For holdings affected by the June 2026 security incident, SecondFi plans to launch a recovery portal before September 10. There, users can verify wallet ownership using a zero-knowledge proof (ZK proof) and submit claims for affected assets. SecondFi also urged users to only use links from official channels, including @secondfiapp, @secondfi_jp, and its official support website, and warned of recent phishing sites and impersonator accounts.
On August 14, SecondFi, a Cardano ecosystem wallet project, announced the launch of a wallet migration tool and detailed a restoration plan for assets affected by the June 2026 incident. The team said the project is winding down, so users must move remaining funds still held in SecondFi wallets.
The migration tool was slated to go live on August 13. It lets users transfer eligible ADA, Cardano native tokens, and NFTs to a new Cardano wallet created with a service provider of their choosing. Currently, the tool only supports Cardano-native assets. Non-Cardano assets must be moved separately through their respective networks and wallet processes.
SecondFi said the tool has gone through an independent security assessment by Bitdefender. Users are urged to review the official usage guide and safety notices before touching the migration flow.
For assets lost in the June 2026 security incident, SecondFi plans to open a recovery portal before September 10. People can verify wallet ownership with a zero-knowledge proof (ZK proof) and then submit claims for affected assets. The project also warned users to only follow links from official channels, including @secondfiapp, @secondfi_jp, and its official support website, citing phishing sites and impersonator accounts circulating recently.
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