A security vulnerability in the Cardano ecosystem can actually bring down a wallet, with the integration of SecondFi and Emurgo becoming the attack entry point. Those who did not export their mnemonic phrase before August 3rd can only blame themselves.

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CoinNetwork
Coin World News, Ctrl Wallet announced that it will permanently cease operations on August 3, due to the impact of a Cardano security vulnerability. The vulnerability on June 23 led to the theft of $2.4 million worth of ADA from 374 hot wallets through integrations with SecondFi and Emurgo. The company has advised users to export their seed phrases or transfer assets before the deadline.
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