global 715 crypto negative
The Fantom Foundation has confirmed that it and its employees suffered losses in a recent attack, with a total of $550,000 worth of Fantom Foundation funds being compromised. However, the majority of the Foundation’s holdings, more than 99%, were unaffected by the attack. The Foundation also revealed that one of its employees was targeted in a personal attack, potentially losing $3.4 million. The attack is believed to have been carried out through a Google Chrome vulnerability, although investigations are still ongoing. Reports suggest that the attacker’s wallet held $6.7 million at one point, and these funds have now been consolidated into another Ethereum address holding $7.0 million. It is suspected that the majority of this balance is related to the hack.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment negative
Relevance Score 1
People Spreek
Companies CertiK, Spreek, Google Chrome, Fantom Foundation
Currencies Fantom
Securities None

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