Fantom Financial News

12.07 / 16:32

Ethereum CEO awards Cronos fantom Courts Singapore High Court Orders Multichain to Pay Fantom Foundation $2.1M for Losses Suffered

The High Court of Singapore has ruled in favor of the Fantom Foundation, ordering the Multichain Foundation, a cross-chain router protocol, to pay $2.1 million in compensation for losses incurred during a 2023 hack.

21.06 / 12:45

UPS Provident Adoption Platform security fantom Fantom Foundation Pledges $120M to Accelerate Project Migrations to Sonic

The Fantom Foundation, the driving force behind the Fantom decentralized network, has committed to support the launch of Sonic, a new and faster network.

21.05 / 22:59

markets UPS Ethereum ETF FtM fantom Is It Too Late to Buy Fantom? FTM Price Climbs as New AI Project Raises $2.2 Million

As the Fantom (FTM) price climbs to new monthly highs, investors are asking whether it might be too late to buy Fantom.

17.05 / 17:15

UPS Ethereum Trade FtM fantom rights Is It Too Late to Buy Fantom? FTM Price Blasts Up 10% as New AI Project Raises $2 Million

Fantom ($FTM) has outperformed all other Layer 1 tokens this week and risen 10% amidst a flurry of recent activity on the network, with FTM trading at $0.80 at the time of writing.c

05.03 / 11:31

Cooper Action Experts fantom Courts Updates Fantom Plans Multichain Liquidation to Help Recover Millions Lost in Exploit

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.

21.11 / 15:45

Hack fantom vulnerability Fantom Awards $1.7 Million to Security Researcher for Spotting A Massive Vulnerability

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.

21.11 / 09:51

Ethereum hacks Altcoin Tokens Smart Contracts fantom Fantom Foundation awards $1.7M bounty for preventing $170M drain

The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October.

25.10 / 20:35

Blockchain COST Ethereum Digital fantom Fantom’s Andre Cronje Says Blockchain Tech Needs Modernising – Here’s What You Need to Know

Blockchain technology, despite its revolutionary potential, is in many ways “stuck in the eighties,” according to Fantom (FTM) blockchain co-founder Andre Cronje.

23.10 / 22:45

Altcoins Telegram Aave Best crypto to buy today Crypto gaming fantom Best Crypto to Buy Now October 23 – Fantom, Aave, THORChain

As the cryptocurrency market navigates the last week of October, attention is focusing on several digital assets showing promising trends.

18.10 / 00:45

Hack FtM fantom Lost Fantom Foundation Faces Major Security Breach – $6.7 Million Lost

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.

17.10 / 15:43

Blockchain Ethereum Hackers hacks fantom Fantom Foundation hacked for an estimated $6.7M: Report

Fantom Foundation, developers of the Fantom network, have reportedly been hacked for over $6.7 million worth of cryptocurrency.

16.08 / 19:45

Blockchain defi Altcoin fantom Fantom DEX rescued at eleventh hour following planned shutdown

SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having treasury funds stuck on troubled cross-chain protocol Multichain.

09.08 / 15:31

Blockchain defi fantom Multichain Another Fantom project winds down citing Multichain exposure

SpiritSwap, a decentralized exchange (DEX) built on smart contract platform Fantom, will wind down operations from Sept. 1, citing exposure to troubled Chinese cross-chain protocol Multichain.

15.07 / 19:29

business Blockchain defi Hackers hacks fantom Multichain 'Multichain was a big blow', says Andre Cronje as Fantom TVL slumps

According to data from DefiLlama, Fantom's total value locked (TVL) dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom's TVL topped $7.5 billion. The price of its native coin Fantom (FTM) declined from $0.41 to $0.28 over the same period.

09.07 / 08:53

business Blockchain Hackers hacks phishing fantom Multichain Multichain attack triggers Twitter phishing scheme for FTM distribution

Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a phishing link on Twitter.

08.07 / 21:15

Blockchain Hackers hacks fantom Multichain Circle, Tether freezes over $65M in assets transferred from Multichain

Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on July 6.

31.05 / 19:35

Ethereum defi Developers fantom gas fees Fantom starts paying developers to generate gas fees

A new program from the Fantom Opera network (FTM) team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers 15% of the total gas fees their apps generate.

30.05 / 16:23

defi FtM fantom boost network gas fees Fantom Blockchain to Return 15% of Gas Fees to Boost Network Usage – Here's What You Need to Know

The Fantom (FTM) blockchain has introduced a new initiative called the "dApp Gas Monetization Program," aiming to reward projects that utilize its network and contribute to increased gas fee usage.

16.02 / 17:17

Blockchain UPS Platform Fighting FtM fantom While Fantom Price Explodes, These Lesser-Known Altcoins May Take Off This Year – Here's Why

Fantom (FTM), the cryptocurrency that powers the high-performance, smart-contract-enabled Fantom blockchain, has been rallying hard in the last few days. FTM was last changing hands in the $0.57s, back above its 21-Day Moving Average at $0.52 and up around 40% versus recent lows around $0.41, with the cryptocurrency benefitting from buying pressure after it found strong support at the summer 2022 high.

06.02 / 18:37

FtM fantom Support Fantom Price Prediction as FTM Falls 10% – Where is the Next Support?

Fantom price has given up on a six-week aggressive push to reach $1.00. The layer 1 protocol popularly known for its exemplary scalability features, reached 2023 highs of $0.6560 before correcting the uptrend to trade at $0.5513 at the time of writing. Despite this pullback, FTM is up 148% in the last 30 days and 44% in two weeks.

05.02 / 11:39

markets Altcoin Altcoin Watch fantom Tech Analysis week Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?

The price of Fantom (FTM) risks pulling back in February due to a growing divergence between its price and momentum in recent weeks.

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