Fantom secures $2.18m in compensation from Multichain Foundation

A Singaporean high court has ruled that the cross-chain router protocol Multichain Foundation owes compensation to the Fantom Foundation, a layer-1 platform, for losses incurred in a 2023 hack. The ruling from Judicial Commissioner Mohamed Faizal makes way for the…

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Fantom Foundation allocates $120M in FTM tokens for accelerating Sonic migration

Fantom Foundation’s recent announcement keep FTM prices afloat Bitcoin lost foot beneath $64K on Friday. On 20 June, Fantom Foundation announced optimistic moves to back the launch of the Sonic network.

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Fantom Foundation employee loses $7 million in exploit

Fantom Foundation director Andre Cronje reportedly confirmed that an employee lost $7 million worth of crypto to a phishing attack. However, all Fantom Foundation funds were safe. FTM price did fall following the news.

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Fantom Foundation stated it gave one of its wallets to an employee

Fantom Foundation has incurred heavy losses due to a zero-day exploit on Chrome The foundation's telegram admin has claimed that the loss is under $1 million, while a team member has lost milliThe post Fantom Foundation stated it gave one of its wallets to an employee appeared first on AMBCrypto.

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Fantom Took Precautionary Measures to Contain Multichain Implosion: Details

Fantom Foundation has requested a number of stablecoins be frozen

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Fantom Foundation Addresses Community On Multichain Exploit, Endorses Two Bridging Solutions

Today, the Fantom Foundation addressed its community on the multi-million dollar exploit on Multichain, acknowledging the difficult situations of its network users, token holders, and liquidity providers (LPs).

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Multichain Hack: Fantom Foundation Reveals Next Steps

Fantom looks to diversify its bridge providers in wake of Multichain woes

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Multichain attack triggers Twitter phishing scheme for FTM distribution

A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation.

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Scam Alert: Multichain Hack Victims Targeted by Fantom (FTM) Impersonators

Beware of scam: No, Fantom Foundation does not plan to reward those affected by Multichain saga with FTM tokens

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Андре Кронье: Fantom Foundation вывел средства из пулов ликвидности

Директор Fantom Foundation заявил о временном выводе средств фонда из пулов ликвидности на SushiSwap из соображений безопасности в отношениях с мостом Multichain.

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Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol’s stability.

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Fantom can fall victim to selling pressure as this update looks bearish 

Fantom Foundation transferred FTM worth over $4 million to Binance. Metrics and market indicators looked bearish. Fantom [FTM] did not manage to follow the current bullish market trend latelThe post Fantom can fall victim to selling pressure as this update looks bearish  appeared first on AMBCrypto.

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7.5 Million FTM Moved on Binance, Entity and Timing Behind This Transfer Will Surprise You

Fantom Foundation makes large transfer on Binance, which has not happened in a long time

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Quant (QNT) Introduces Overledger 2.2.20, Fantom (FTM) Foundation Releases 2022 Recap, Orbeon Protocol (ORBN) Offers 6000% Return to Investors

It's an exciting time to be a part of the blockchain industry as it continues to evolve and grow faster than ever before. The post Quant (QNT) Introduces Overledger 2.2.20, Fantom (FTM) Foundation Releases 2022 Recap, Orbeon Protocol (ORBN) Offers 6000% Return to Investors appeared first on NFT News Today.

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‘No, DeFi Is Not Dead,’ Says Ex-Founder Of Yield Finance

Andre Cronje, the co-founder of Fantom Foundation and the ex-creator of Yield Finance, a DeFi protocol, disagrees with people who say DeFi is dead and the period of high yields is gone. DeFi Is Not Dead In a Medium post on February 1, Andre agrees that the crypto bear market of the past year impacted activity and forced users to preserve assets, swinging to stablecoins.

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Fantom to launch the much awaited fUSD V2, details inside

Fantom plans to launch version 2 of its fUSD Stablecoin this year. fUSD v2 aims to make the system more predictable and budget friendly. Andre Cronje, the Director of the Fantom Foundation aThe post Fantom to launch the much awaited fUSD V2, details inside appeared first on AMBCrypto.

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Fantom launches on-chain funding system Ecosystem Vault

Fantom Foundation, the platform behind the Fantom (FTM) blockchain announced the launch of Ecosystem Vault on Friday. Vault is a decentralised funding mechanism that will be financed by 10% of FTM transaction fees.

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Fantom Foundation buys back tokens of six projects

The Fantom Foundation, a directed acyclic graph (DAG) smart contracting platform, will use its funds to repurchase tokens of six projects critical to the Fantom ecosystem.

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A peak into Fantom's blueprint for 2023; should FTM holders savor the moment

Fantom Foundation’s Director Andre Cronje laid out plans for the protocol’s 2023 roadmap Fantom is expected to focus extensively on expanding its dApp ecosystem in 2023  Popular layer 1The post A peak into Fantom's blueprint for 2023; should FTM holders savor the moment appeared first on AMBCrypto.

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Fantom growth in high ‘triple digits’ despite crypto winter

On December 24, Andre Cronje, who rejoined the Fantom Foundation as an architect in November, posted a performance review of (FTM) in 2022. The post Fantom growth in high ‘triple digits’ despite crypto winter appeared first on CryptoSlate.

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Andre Cronje reveals how DeFi saved Fantom; FTM surges 17%

Fantom (FTM) has grown by over 17% following Andre Cronje’s revelation that its Foundation has $340 million worth of assets and annual earnings of over $10 million. The post Andre Cronje reveals how DeFi saved Fantom; FTM surges 17% appeared first on CryptoSlate.

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Fantom sees revival after Andre Cronje’s unexpected comeback – Oryen still outperforming FTM with 110% gains during ICO

Fantom token ($FTM) jumped 24% following speculations of DeFi’s pioneering developer Andre Cronje. The trailblazer hailed as the godfather of DeFi, updated his LinkedIn to read ‘Vice President of Memes’ at the Fantom Foundation.

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Fantom: The good and bad of Cronje's 'return' on your FTM investments 

Following Andre Cronje's return to the Fantom Foundation [FTM]  as "Vice President of Memes," the last 24 hours have been marked by a surge in the altcoin's price and the amount of FTM traded.

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Fantom (FTM) Price Spikes 25% On Rumors of Andre Cronje Return 

Speculation surrounding the return of Andre Cronje to the Fantom Foundation has sent its token price soaring over the past day. Fantom (FTM) price spiked 33% in the past 24 hours from $0. 21 yesterday to a high of $0.

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Какие блокчейны переживут нынешний медвежий тренд? Мнение руководителя Fantom Foundation

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Fantom: Bullish projections come to a naught because of this

FTM, the native coin of the Fantom Foundation, saw a hike in its social metrics last week. According to data from Lunarcrush, the alt grew its Galaxy Score to a high of 74 out of 100, which was an indThe post Fantom: Bullish projections come to a naught because of this appeared first on AMBCrypto.

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Buy Fantom as memes pump volumes and prices into the market

Fantom foundation promises speed, security, and scalability ecosystem for dApps. The token has been… The post Buy Fantom as memes pump volumes and prices into the market appeared first on CoinJournal.

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All you need to know about FTM's peaks and troughs after upgrades

Fantom Foundation's biweekly “Fantom General Update,” was published on 4 July. It highlighted the integration of the Chainlink Keepers and Chainlink VRF on the Fantom mainnet as a significant ecosThe post All you need to know about FTM's peaks and troughs after upgrades appeared first on AMBCrypto.

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Fantom - Andre is back? The origin story, and what comes next

Crypto dev Andre Cronje is back, advising the Fantom Foundation after publically turning his back on crypto earlier this year. We speak to Fantom Foundation CEO Michael Kong to find out more...

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Will Fantom [FTM] finally see a change in fortunes after Cronje-Nell departures

It's hard to deny that the first quarter of 2022 really put Fantom [FTM] through the wringer. First Andre Cronje and Anton Nell, senior members at the Fantom Foundation, tweeted that they were leavinThe post Will Fantom [FTM] finally see a change in fortunes after Cronje-Nell departures appeared first on AMBCrypto.

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This Week in DeFi – April 1

To the DeFi community, This week the Fantom Foundation has announced a brand new incentive program, this time allocating 335 […] The post This Week in DeFi – April 1 appeared first on DeFi Rate.

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Fantom Announces 335M Incentive In FTM, Price Reacts To The Upside

The Fantom Foundation announced an extension of its Incentive Program. The initiative was successful, it received 100 applications to support the ecosystem and disbursed 35 million FTM. Thus, the organization is ready to increase it by ten-fold.

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Fantom Announces Latest Addition to Foundation After Devs Quit

Fantom (FTM) announces latest addition to Fantom Person

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Poloniex To Partner with Fantom Foundation

Poloniex, a global cryptocurrency exchange, has announced its collaboration with the Fantom Foundation to facilitate the general advancement of its ecosystem. The cryptocurrency exchange aims to support the blockchain by availing more resources to develop more decentralized projects and applications on the Fantom platform.

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Fantom Network Growing At Breakneck Pace As Active Addresses and Smart Contracts Deployment Soars

The Fantom network is growing remarkably, as revealed by the Fantom Foundation. Despite concerns around the exit of Andre Cronje and Anton Nell from the DeFi space, the network appears to have its objectives intact.

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Fantom's FTM Token Rises 10% on Upcoming Protocol Upgrades

Fantom (FTM) rose as much as 10% over the past 24 hours after the foundation tweeted about upcoming protocol upgrades. The token is still down about 50% so far this year amid developer departures.

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Poloniex Announces Collaboration with Fantom Foundation to Boost its Ecosystem Development

Poloniex, a global cryptocurrency exchange, announced today that it has entered into a strategic collaboration with the Fantom Foundation in order to support the development...

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В Fantom Foundation опровергли слухи, связанные с уходом Андре Кронье

Фонд Fantom Foundation отреагировал на дезинформацию, содержащуюся в ныне удалённой статье Rekt News по поводу ухода Андре Кронье, и попытался внести ясность в ситуацию. В пятницу организация опубликовала заявление, касающееся фактических неточностей, с опровержением «сомнительных транзакциях с токенами FTM и уходе DeFi-разработчика Андре Кронье из Fantom Foundation».

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Fantom Foundation issues clarification statement about departure of Andre Cronje and Anton Nell

The statement comes amid ongoing speculation regarding the recent departure of two of its most prominent developers.

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A Race For The Truth: Fantom Vs. Rekt, What Went Down

A recently taken down investigation by Rekt News about the Fantom Foundation dug into several moves that could point to a lack of transparency from the DeFi platform. The article had called it “an elaborate scheme,” but apparently failed to approach the subject with enough accuracy.

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Fantom Foundation debunks misinformation after Andre Cronje’s departure

Almost a week ago, Andre Cronje announced his and his colleague Anton Nell’s departure from crypto and DeFi.   Immediately, the rumors of their exits sent the tokens of projects associated with them crashing amidst fears of a rug pull.

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Fantom Foundation Releases Statement Following Andre Cronje's Exit: Details

Tech progress of Fantom (FTM) blockchain and its ecosystem will not be affected by Andre Cronje's decision to leave DeFi segment

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How FUD affected Fantom, Yearn, and Solidly after Cronje and Nell's exit

A tidal wave of panic washed over the DeFi community when Andre Cronje, technical advisor at the Fantom Foundation, and Anton Nell, senior solutions architect at the Fantom Foundation, announced via The post How FUD affected Fantom, Yearn, and Solidly after Cronje and Nell's exit appeared first on AMBCrypto.

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Fantom FTM's Loss Eases as Foundation Soothes Investor Concerns

Fantom ecosystem tokens and value locked on DeFi protocols have dipped in the past 24 hours.

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Андре Кронье заявил о выходе из сферы децентрализованных финансов

Создатель популярных проектов в сфере DeFi Андре Кронье прекращает работу в данной области. Об этом сообщил его друг и соратник, один из разработчиков Fantom Foundation Антон Нелл.

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Цена yEarn Finance резко снизилась на фоне ухода основателя проекта Андре Кронье из индустрии

Старший архитектор решений Fantom Foundation Антон Нелл и ведущий DeFi-разработчик экосистемы, а по совместительству основатель yEarn Finance Андре Кронье решили покинуть криптовалютную индустрию. По его словам, они перестанут сотрудничать по 25 проектам, включая yEarn Finance, Multichain и недавно запущенную Solidly Exchange.

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Создатель Yearn Finance и Fantom ушёл из криптосферы, обвалив курсы YFI и FTM

Андре Кронье, известный в криптосообществе своей работой над Fantom и Yearn Finance, вместе со старшим архитектором решений в Fantom Foundation Антоном Неллом покинул криптовалютное пространство. Андре и я решили закрыть главу о вкладе в пространство defi/crypto.

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Fantom Foundation Responds To Andre Conje’s Departure

Fantom Foundation has responded to the news of Andre Conje exiting crypto. The announcement which came early on Sunday saw Anton Nell and Andre Conje announce their departure from crypto and decentralized finance (DeFi) and any contribution thereof.

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На фоне ухода Андре Кронье из индустрии цена токена yEarn Finance упала на 11%

Старший архитектор решений Fantom Foundation Антон Нелл и ведущий DeFi-разработчик экосистемы, а по совместительству основатель yEarn Finance Андре Кронье решили покинуть криптовалютную индустрию.

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