A vulnerability in the Parity multi-sig wallet contract has been found, causing funds held in Parity multi-sig wallets created after July 20 to be temporarily locked.

The ICONOMI platform and its proprietary digital asset storage system are secure. All users’ digital assets stored on the platform are completely safe, and the functioning of the platform is unaffected.

However, some of the company’s assets were stored using the affected Parity multi-sig contract and will remain inaccessible until the situation is resolved. The affected contract can be viewed here.

The Ethereum ecosystem has already proven itself to be able to rapidly respond and adapt to unexpected challenges. We are positive a solution will be implemented promptly and will keep you updated as developments arise.