Though the potential damage, estimated at $170 million based on token prices during the breach, loomed, the Fantom Foundation noted the hacker's challenge in realising such value due to limited market liquidity for the FTM token.

Wintermute CEO Evgeny Gaevoy says the company is considering legal action against the NEAR Foundation and Aurora

Kraken, the prominent U.S. cryptocurrency exchange, is contemplating collaboration with leading blockchain technology firms to create its layer 2 network, according to undisclosed sources familiar with the situation.

The Uniswap Foundation recently moved $40.66 million in UNI tokens to multiple cryptocurrency exchanges, including OKX and Kraken. The transfers aim to diversify the foundation's assets and boost liquidity on established platforms.

Uncovering the complexities of the $7 Million cryptocurrency hack involving the Fantom Foundation.

Sui under the investigative lens of the FSS with allegations centred on inaccurate reports pertaining to its circulating supply and the purported gains derived from staking activities.

Fantom Foundation finds itself contending with a significant breach with $657K drained in the depletion of more than 35 crypto wallets.

Founded in 2023, the TON Foundation is a non-profit organisation based in Switzerland, funded entirely by the community.

More than 3 million USDC was then transferred to an address tagged under Gnosis Safe Proxy.

Two specific wallet addresses deposited more than $5.5 million worth of tokens on Binance in the past month, with a significant portion of these funds being transferred within the last 48 hours.