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Fantom soars by 8% after validator launch on Sonic Tech
10.4.2024
FTM by Fantom has been up by 5.94% in the last 24 hours and is listed at $1.02 at the time of drafting this article. The news that Sonic Tech’s first validator has gone live is what’s fueling this spike. The update marked an 8% uptick in the initial moments, taking the price as high...
Fantom Cofounder Mulls Idea for “Safer” Meme Coins
9.4.2024
Fantom's Cronje is the latest in a line of blockchain teams that are open to directly engaging with memecoins
Cronje’s tease ignites Fantom memecoin frenzy
8.4.2024
Andre Cronje, a founding father and core subsistence hacker in Fantom, suddenly caused an outburst of social mass within the crypto community, projecting that memecoins could have a decent room on the Fantom blockchain. This mention is a forward-looking signal that suggests the emergence of a...
Fantom completes the initial stage for releasing its stablecoin UDDC.e
5.4.2024
The Fantom Foundation has completed its first stage of introducing its stablecoin USDC.e, boosted by Wormhole, and is utilizing Circle’s bridged USDC standard. Initially, being a bridged USDC stablecoin from Ethereum (USDC.e), the token is now the stablecoin about the Fantom network. The initial...
Fantom’s FTM is the Best Performing Non-Meme Token of the Past 30 Days
22.3.2024
Fantom's impending Sonic upgrade, expected to boost transaction processing speeds, may have galvanized investor interest in the cryptocurrency
Fantom breaches $1 milestone, Poised for further growth
20.3.2024
FTM, Fantom’s native cryptocurrency, was briefly above the milestone of $1. It was seen exchanging hands at $1.04. While the token has retraced to ~$0.9, there is a possibility that it could rise as high as $1.25 or $1.68 by the end of 2024. The recent high comes against a rounding bottom...
Fantom Seeks Money Back From Multichain’s $200M Exploit
5.3.2024
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits of 2023
Fantom Plans Multichain Liquidation to Help Recover Millions Lost in Exploit
5.3.2024
Fantom Foundation, the team that builds Fantom Network, has received a favorable judgement from the High Court of Singapore in its legal action against the cross-chain protocol Multichain.
The post Fantom Plans Multichain Liquidation to Help Recover Millions Lost in Exploit appeared first...
Can Fantom rise again with Sonic and an ideological shift?
5.2.2024
Fantom rose to fame in 2021 with a bull run but has not been in the best position ever since. The network encountered massive liquidation, the founder’s abrupt hiatus, and a ground-breaking exploit. Even amid the negativity, Fantom has not stopped its transformation. The network has been working...
Fantom Reduces Validator Requirement to 50k FTM, Prioritizes Decentralization
16.1.2024
Source: Adobestock Fantom Network has announced a 90% reduction in validator requirements, taking the assets needed to run a self-staking node to 50,000 FTM from 500,000 FTM. The company wrote on X (formerly Twitter) about the new developments, informing its community of changes, reasons, and...
Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged
16.1.2024
The move could help improve network security as validators are more widely distributed across the world, developers said
Today in Crypto: $343,038,810 was Lost to Hacks and Fraud in November, a 15x Increase from October
30.11.2023
Source: Immunefi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news Major bug bounty and security services platform Immunefi found that $1,753,707,812 was lost to hacks and rug pulls...
Fantom Awards $1.7 Million to Security Researcher for Spotting A Massive Vulnerability
21.11.2023
Source: Adobe Stock / sunilpurushe The Fantom Foundation has awarded a $1.7 million bounty to a blockchain security researcher who identified a potential breach that could result in $170 million losses. The non-profit organization that partakes in the blockchain’s development says it has eliminated...
Fantom Foundation awards $1.7M bounty for preventing $170M drain
21.11.2023
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million
Fantom eyes to kickstart Q4 on Q3’s high note
31.10.2023
Fantom has registered good figures in the third quarter of 2023, setting a nice tune for the concluding quarter of the same year. For instance, there has been an increase of 106% on a quarter-to-quarter basis for average daily new addresses. Similarly, average daily active addresses have gone up...
Fantom’s Andre Cronje Says Blockchain Tech Needs Modernising – Here’s What You Need to Know
25.10.2023
Blockchain technology, despite its revolutionary potential, is in many ways “stuck in the eighties,” according to Fantom (FTM) blockchain co-founder Andre Cronje. Speaking in an interview with crypto news outlet Decrypt on Wednesday, Cronje said he believes it’s time for...
Best Crypto to Buy Now October 23 – Fantom, Aave, THORChain
24.10.2023
As the cryptocurrency market navigates the last week of October, attention is focusing on several digital assets showing promising trends.
Among them, Fantom, Aave, and THORChain stand out for their promising fundamentals and/or bullish technical indicators.
Here’s everything you need to know...
Fantom Foundation Faces Major Security Breach – $6.7 Million Lost
18.10.2023
The Fantom Foundation, the team dedicated to building the Fantom network, has reportedly fallen victim to a hack that led to a significant loss of approximately $6.7 million worth of digital assets.
On October 17, the Fantom Foundation encountered a hacking incident, as reported by on-chain...
Fantom Foundation Wallets Drained; $657K Stolen
17.10.2023
The foundation wallets of the Fantom blockchain have been drained on both Ethereum and Fantom, according to blockchain security analyst Certik
Fantom Foundation hacked for an estimated $6.7M: Report
17.10.2023
Fantom Foundation's wallet was reportedly drained of funds by a “Fake_Phishing” account