Fantom is one of the biggest DeFi chains in the space with over 201 protocols and $6.28 billion locked onto it. One such protocol, Fantasm, Finance recently fell victim to an exploit in which over $2....
Tag: Fantasm
Fantom Token (FTM) Slumps 30% This Week On Cronje Exit, Fantasm Hack
FTM, the native token on the Fantom smart contracts blockchain, slumped 30% this week after senior developers Andre Cronje and Anton Nell announced their exit from the project. The token was further u...
Fantom’s DeFi Fantasm Finance (FSM) Exploited; $2.6 Million Lost
Vladislav Sopov The season of DeFi hacks is nowhere near an end: Fantom-based protocol is under fire Contents Three chains, five assets: Fantasm Finance drained for $2.6 million Repayment campaign sta...
All there is to know about ‘spooked’ Fantasm Finance, XFTM’s 98% drop
A new DeFi project presents an opportunity for investors to become early adopters and reap the rewards of taking such a risk. On the other hand, things can go sideways and an exploit can quickly put a...
Fantasm Finance Loses $2.6 Million in DeFi Exploit
Fantom Network-based synthetic assets protocol Fantasm Finance has been attacked, with nearly 1,007 ETH stolen. The team said that they would conduct a post mortem and consider all compensation option...