FANTOM
Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks
Fantom founder Andre Cronje voices apprehension about USDe stablecoin's sustainability, invoking fears of a Terra-like collapse.
Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development
Michael Kong, CEO of Fantom Foundation, has unveiled the highly anticipated launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is poised to revolutionize the world of blockchain. Stay tuned for more exciting updates and partnerships in the coming weeks.
Fantom Foundation Lowers Staking Threshold to 50,000 FTM
Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.
Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.
Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.
Balancer's $2.1M Breach Impacts Pools Across Ethereum, Fantom, and Optimism
PeckShield Inc. has reported a $2.1 million loss on the Balancer platform, affecting multiple pools across Ethereum, Fantom Foundation, and Optimism Foundation. The loss, including Beethoven X, is believed to be miscalculated.
Messari: Fantom FTM Market Cap Declined 36% in Q2 2023
According to a report released by Messari, Fantom faced a decline in daily active addresses by 18% QoQ, while new unique addresses grew by 146% QoQ, coinciding with increased activity on LayerZero and Galxe.
Multichain Reports Unusual Outflows Worth Over $100M
In the past 12 hours, a large amount of assets has unusually flowed out from Multichain. These assets, which include a variety of cryptocurrencies, have been transferred to the new address: 0x1eed63efba5f81d95bfe37d82c8e736b974f477b. At the time of writing, the net worth of all assets transferred is $102,834,504.
TrueUSD's TUSD Circulating Supply Surpasses $3 Billion Despite Prime Trust's Challenges
In June 2023, TrueUSD (TUSD) experienced significant growth and adoption across multiple blockchain ecosystems. With the circulating supply reaching 3,059,838,623 TUSD, backed by dollar reserves of over $3 billion, the stablecoin is gaining more recognition in the crypto markets.
Fantom Price Surges 20% amid Andre Cronje's Unexpected Comeback
Andre Cronje is rumoured to have come back to work at Fantom blockchain network. Fantom prices reacted positively and are now up.
Fantom Collaborates With Dedaub To Automatically Detect Smart Contract Bugs With Watchdog
Scalable layer 1 platform Fantom announced its collaboration with Dedaub to leverage its automated system called Watchdog to look for smart contract bugs in the Fantom ecosystem.
Unstoppable Domains Partners with Fantom to Make Crypto Transactions Easier
To eliminate the pain points associated with crypto like misunderstanding, trepidation, and fear, Unstoppable Domains has collaborated with Fantom to make transactions simpler and easier.
Web3 Data Ecosystem Pocket Network Adds Support for the Fantom Blockchain
The Web3 blockchain data ecosystem Pocket Network adds support for the Fantom blockchain, allowing developers to mint Fantom RPC endpoints for their applications directly from Pocket Portal, earning $POKT tokens.
Orbs and Fantom Integrate to Push the Boundaries of Web3
The bridge between the major blockchain networks has set its sights on one of the new contenders to join the race for Web3, Fantom
Yearn Finance Founder Andre Cronje Allegedly to Stop Contributing to DeFi
Andre Cronje, the renowned blockchain developer who came to the limelight with the establishment of Yearn.Finance is allegedly going to stop contributing to Decentralized Finance (DeFi) and cryptocurrencies in general.