Ctrl Wallet to shut down August 3 after security exploit
The post Ctrl Wallet to shut down August 3 after security exploit appeared on BitcoinEthereumNews.com. Ctrl Wallet, a multi-chain crypto wallet application that supported more than 2,500 blockchain networks, has told users that it will pull most of its features from the app by August 3, urging them to move their funds before this date. The decision follows a security breach on the wallet last month tied to its Cardano integrations. The wallet’s developers chose to decommission the product after the exploits, and as of today, the app cannot be downloaded anymore. The app has disappeared from the Apple App Store, Google Play, and all browser extension marketplaces. The app remains available to all who had it already installed till August 2. Until this date, transfers, swaps, and dApp connections will continue to work as normal, along with seed-phrase exports. On August 3, the wallet would go into an export-only state where users will only be able to reveal and export their recovery phra