
Fantom Foundation Wallets Drained about $657k in Ether and FTM
he reported Fantom Foundation attack caused the native token to drop about 3.4 percent to trade around $0.177 on Wednesday.
$0.30
1H
-0.43%$0.0013
24H
-4.74%$0.0149
7D
-0.08%$0.0002
30D
25.7%$0.0614
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
he reported Fantom Foundation attack caused the native token to drop about 3.4 percent to trade around $0.177 on Wednesday.
Backed’s RWAs can be accessed on Fantom (FTM), Avalanche (AVAX), Gnosis (GNO), BNB Chain, Arbitrum (ARB), Ethereum (ETH), and Polygon (MATIC).
The gas monetization functionality encourages a more inclusive and robust developer ecosystem on the Fantom platform.
Experienced cryptocurrency traders and investors are aware of the importance of diversification.
Are you planning to invest in FTM in 2023? If so, you are in the right direction.