NEW: The third Secret Grant has been awarded for development of Griptape, a front-end Secret Network application development framework written in Javanoscript - drastically simplifying web app development using privacy-preserving Secret Contracts.

Read: https://scrt.network/blog/secret-grant-3-griptape-front-end

Impressively and importantly, Griptape is already available for Secret Devs to use and review! 💪

This is a great place for shadowy super coders to get started building permissionless and privacy-preserving applications 🤫

Check it out: https://docs.vue.griptapejs.com

Tweet: https://twitter.com/SecretNetwork/status/1420783030826721283?s=20

The latest Secret Ecosystem Report is LIVE! 🚀

July saw the launch of the world's first truly private on-chain voting application (governing SecretSwap, our most adopted Secret App), a successful #IBC signaling proposal, the launch of the Secret Code Podcast, and more!

Settle in for a long read here and catch up on everything Secret! https://scrt.network/blog/secret-network-ecosystem-update-july-2021

Tweet: https://twitter.com/SecretNetwork/status/1422571466323808257?s=20

The secret of Secret Network is programmable privacy: we finally give #Web3 users control over which data is public or private.

A big part of this control is unlocked by viewing keys, revealing sensitive data only to their holder 🔑

TODAY: new magic 🧙

The Viewing Key Wizard allows users of Secret Tokens to easily add multiple viewing keys at once to their Keplr Wallet, making it easier than ever to interact with SNIP-20 Tokens and Secret Apps like SecretSwap!

Try it now: https://vk-wizard.enigma.co

Give your feedback here: https://forum.scrt.network/t/viewing-keys-wizard-feedback-wanted/4046

The last few months Tor Bair of Secret Foundation has been sharing secrets all over YouTube! 🧐

To capture all of these amazing moments, we created a Secret Network Supercut - Interview Highlights. 👀

Give it a watch to learn all of the Secrets of Secret Network! 💪

Video: https://www.youtube.com/watch?v=PK1nr17fOrs

Tweet: https://twitter.com/SecretNetwork/status/1423663356951547907

UPDATE on $SCRT <> $XMR bridge launch 👇👇

✅ sXMR contract deployed on mainnet
✅ First $XMR successfully bridged to sXMR on mainnet
✅ sXMR successfully withdrawn back to $XMR
✅ Bridge tutorials complete
✅ Bridge documentation complete
➖ Final UI deployment and go-live!

As deployment is finalized, for the sake of user safety, please wait until formal announcements are made before taking any action.

We now expect a formal announcement tomorrow midday US ET, at which time the bridge will be usable and sXMR available to trade/LP on SecretSwap.

It's a very short delay from the original timeline, but we still apologize for any inconvenience. When it comes to new bridges, safety comes first!

In the meantime, please check out this first-look preview of the Secret Monero Bridge 🤫

https://ipfs.io/ipfs/QmXU7tDkGYUQhjm4hWoHpr9TuJwGoXPkovAMcsRGKEU36B

NEW: the bridge connecting Monero to Secret Network has finally arrived on mainnet! 🚀

🤫 The first privacy-to-privacy #DeFi connection for $XMR holders!

🤫 Bridge $XMR to sXMR and interact with Secret DeFi using SecretSwap now!

Learn much more: https://scrt.network/blog/secret-monero-bridge-is-live-on-mainnet

IPFS link to the Secret Monero Bridge: https://ipfs.io/ipfs/QmNRrLDhKGZCSXAZcPU1cBTaLouhWnTi5kfWUzJB4nJbzA

Tweet: https://twitter.com/SecretNetwork/status/1425494279779241991?s=20

Today we announce our next major upgrade: Supernova 💥

It introduces #IBC, new modules, new tooling, new products, new partners, and more!

Coming in October. Testnets along the way.

Guy Zyskind of Enigma lays out the path ahead for Secret Network as it becomes the privacy platform for #Web3!

https://scrt.network/blog/supernova-explosive-vision-future-secret-network

Tweet: https://twitter.com/SecretNetwork/status/1425847501450526724?s=20

Today we have secrets to share🤫

Band oracles are LIVE on Secret Network👀

✅Decentralized & scalable oracles
✅220+ price feeds
✅Tutorials
✅Documentation

Band Protocol supports unrestricted access to 220+ price feeds, empowering the next generation of Secret DeFi dApps and tools by connecting trusted off-chain data from institutional providers, directly to Secret Network.

https://scrt.network/blog/band-protocol-live-on-mainnet

Tweet: https://twitter.com/SecretNetwork/status/1427664312034893828

🚨Today we are excited to announce another grant recipient - Altermail🚨

Altermail is a decentralized messaging dApp built on Secret Network.

✅World's first privacy-preserving blockchain based messaging service protocol (replacing email)
✅Grant recipient
✅Active community

Product launching soon 🤫

https://scrt.network/blog/altermail

Tweet: https://twitter.com/SecretNetwork/status/1428409623808184327

Are you ready for a Secret? 🤫

Supernova upgrade Milestone #1 of 3 is complete! 💥

✅Upgraded to cosmos-sdk v0.43
✅Supernova Public Testnet
✅Migrated node registration module
✅Migrated codebase tests
✅Documentation

https://scrt.network/blog/supernova-milestone-1-complete

Tweet: https://twitter.com/SecretNetwork/status/1430908435420299264

NEWS: Today Secret Network and KeyTango unveil Duplex: a new program and product designed to deliver unprecedented yield on stablecoins via a cross-chain, multilayer strategy. Now you can become part of our invite-only pilot with your $UST!

Early participation in Duplex is limited to an ‘invite only’ basis, which requires interested users to apply through a waitlisting process.

Learn more about this program and how you can gain access by reviewing the Duplex FAQ: https://duplex.finance/faq

Request access now 👇

https://duplex.finance

Tweet: https://twitter.com/SecretNetwork/status/1432372958513750018?s=20

In Forbes: "Privacy Is The Biggest Challenge Preventing DeFi Lift-Off."

"Several projects have recently launched in this space, such as Secret Network, Sienna Network... SecretSwap, for example, protects traders against front-running. Sienna Swap allows users to swap its private tokens on its network or use a “bridge” to exchange their tokens for the private equivalent."

Read on 👇👇
https://www.forbes.com/sites/forbesfinancecouncil/2021/08/31/privacy-is-the-biggest-challenge-preventing-defi-lift-off/

Share the tweet!
https://twitter.com/SecretNetwork/status/1432715174545399824?s=20

The MASSIVE Secret August Ecosystem Update is over 3,000 words 🤯

Supernova upgrade (with #IBC!) and Milestone 1 completed. The Secret Monero Bridge on mainnet. Duplex Finance. Private messaging with Altermail. Band Protocol mainnet integration. And more!

Read all about our latest accomplishments - and what's next - on the Secret Blog.

https://scrt.network/blog/secret-network-ecosystem-update-august-2021

Tweet: https://twitter.com/SecretNetwork/status/1433450084742713350?s=20

NEW: For the first time, we're finally ready to reveal the current Secret Network Ecosystem Roadmap, featuring some never-before-seen products from over 20 teams and individuals supporting our network!

Supernova is coming 💥 Now the apps are too.

Of course, this isn't all of our secrets... 🤫

Stay tuned for more details on all of these products launching September, October, November, and beyond!

Read 👇
https://scrt.network/blog/secret-network-ecosystem-roadmap

Are you building something on Secret you want added to the roadmap? Fill out this short form ✍️

https://forms.gle/9nWacFjNDQpMFJzQA

Tweet: https://twitter.com/SecretNetwork/status/1433798998956072965?s=20

https://twitter.com/secretcodepod/status/1434487607816245250?s=21

We had a BLAST catching up with Monty and diving into Sienna! Come check out the conversation 💪

🏛Governance Update!🏛
Proposal #14: $SEFI Buy Back and Burn has officially passed with overwhelming support!

94% Yes ✅
6% No 🚫

This will represent a new volume based value capture mechanism for Secret Finance. For a token with a fixed max supply, this could be huge! 👀

Read the proposal 👇
https://app.secretswap.io/proposal/612dd090769e66791137eb11

Please like, quote tweet, retweet & reply the Twitter announcement, as well! 👇
https://twitter.com/secret_swap/status/1435316003752198147?s=20

NEW: Secret Network is featured in the latest research report from the respected team at Messari!

Key takeaways:
🔵 “Secret Network’s primary value prop is in its name: confidential computation… Secret Network could be one of the sector leaders for private computation.”

🔵 “Secret Contracts have the benefit of minimizing miner extractable value (MEV) due to their encrypted state.”

🔵 “Secret could carve out a share of the NFT market by offering one of the only privacy-focused solutions for non-fungibles.”

🔵 “The key catalyst for SecretSwap and the rest of Secret’s application ecosystem will be the Supernova upgrade in October 2021, which will enable it to connect with other Cosmos chains and onboard new assets like Terra’s UST stablecoin.

Read the full research report here: https://messari.io/article/shhhhh-it-s-a-secret-network

Tweet: https://twitter.com/SecretNetwork/status/1435973809358606341?s=20

✨Time for a double reveal ✨

Introducing Silk - the world's first private-by-default, burn-based, algorithmic stablecoin. Built on @ShadeProtocol by Secure Secrets - and secured by Secret Network.

In one hour, you can watch the full livestream announcement from the Bitcoin Day conference using this link: https://youtu.be/n2bg9yZqJeQ

Set your watches ⏰ because there’s more secrets coming.

Tweet: https://twitter.com/SecretNetwork/status/1436413356349419522?s=20

NEW: Today we reveal Shinobi Protocol, a privacy-secured trustless bridge for $BTC, bringing native Bitcoin to Secret #DeFi 🥷

This latest Secret Bridge unlocks the full power of Bitcoin, maintaining security and privacy while enabling users to participate in the privacy-first Secret #DeFi ecosystem.

In October, Shinobi joins our Secret Bridges to $ETH, #BSC, $XMR, and beyond as we become #Web3's privacy and liquidity hub.

Learn more about this technology (including the Shinobi whitepaper) at:

https://www.sbtc.ninja

Tweet: https://twitter.com/SecretNetwork/status/1436688651476422656?s=20

💨🥷

Today, the Duplex Finance app is LIVE! 🚀

Huge thanks to the community for their support. The pilot was limited to $5M and is currently 10x oversubscribed 🤯

Duplex is a new program and product designed to deliver unprecedented yield on stablecoins via a cross-chain, multilayer strategy. Approved users can now launch the app and secure their allocation as early as they can!

If you haven't received any approval yet, don't worry: due to the demand, we've created a user waiting list for the program. Stay tuned for new developments - you may get an invite soon 🤫

http://duplex.finance

Tweet: https://twitter.com/SecretNetwork/status/1437408875293122565?s=20

PLEASE BE ADVISED: the Secret Network mainnet has updated from secret-2 to secret-3. This was not a planned upgrade; however, it was necessary in order to prevent a major loss of funds due to a critical security issue with a single contract deployed on the network.

More below 👇

First and most importantly:

1) no funds are compromised
2) secret token & secret bridge contracts were not compromised
3) the protocol & $SCRT itself were not compromised
4) with the exception of this single contract, everything seems to have worked as expected on the network

Summary:

Yesterday a vulnerability was exploited in a single smart contract out of the 250+ associated w/ SecretSwap. This allowed an attacker to drain funds that were locked in $SEFI staking contracts. This was discovered swiftly by our community and investigation began.

In order to minimize risk of loss of funds, multiple actions were taken:

1) bridges were disabled to prevent funds leaving the network
2) SecretSwap UI was disabled
3) CEXes disabled withdrawals and deposits
4) validators & devs began discussion of mitigation options

It became clear the best option to protect users and secure funds immediately was a chain rollback to before the exploit. Work began immediately to export the chain, identify and test the vulnerability, and fix/secure the identified contracts. This took hours of dedicated work.

The current state after multiple all-nighters from community members around the world (including a few 40+ hour sessions):

1) secret-2 has been halted
2) secret-3 is online and validators are reconnecting
3) bridges remain down
4) exchange deposits remain down

As the network is re-secured, we recommend you:

1) wait for new communication before interacting with the network & applications (all funds are now SAFU; there is no urgency to act)
2) follow this Twitter and our Discord (chat.scrt.network) to receive real-time updates

Huge gratitude is due to every community member (from the investigators to the network validators to the developers) who moved quickly to secure Secret Network and SecretSwap users. Their quick & focused action led to a better outcome than could otherwise have been expected!

Again, there is no action to be taken by $SCRT holders or stakers at this time. If you are operating a secret node and need assistance in connecting to the secret-3 chain, please contact this account in DM or post a message on Discord (chat.scrt.network).

Thanks to all! ❤️