Why Fantom Fell 22% Following Key Personnel Exit
Fantom (FTM) price decreased 22% by reaching $1.32 per coin after key personnel associated with its project announced that they were leaving. Fantom is in deep trouble following the departure of two high-profile employees, Anton Nell, a senior solutions architect, and Andre Cronje, a prolific developer, without providing any clues about why they left. Related Reading | Crypto Markets Slightly Recover After Weekend Decline The Fantom cryptocurrency has seen a sharp decline in value over the past week, dropping 22% to hit lows near $1.32 on Monday, according to Coinmarketcap data. This....
Related News
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. Related Reading | Why Fantom Fell 22% Following Key Personnel Exit This extension will disburse 335 million in FTM to continue to provide financial aid to developers building “unstoppable applications on the most accessible and user-friendly blockchain”. The organization has partnered with Gitcoin Grants. Projects will be able to submit their....
If you’re part of the Fantom community or someone fascinated by smart contract platforms, you’re in the right place. A smart contract platform, Fantom, is rising in the crypto space with low fees, lightning-fast transactions, and rock-solid security. Today, we’re talking with Simone Pomposi, the Head Of Marketing at Fantom, who will share his Fantom […]
In order to encourage developers to join and build on their platform, Fantom Foundation has taken quite a few steps to ensure that developers will be comfortable creating within the platform and that issues of the past will not be a roadblock with their work on Fantom. The most notable stride has been Fantom’s recent […]
Two Fantom Foundation wallets on Ethereum and the Fantom Network have fallen victim to a phishing attack, losing over $650,000, according to reports from CertiK, a blockchain security firm. Another report by “Spreakaway” on X alleges that one of Fantom’s team members also lost $3.4 million. Fantom Foundation Falls Victim To Phishing Attack Fantom Foundation is a non-profit organization dedicated to supporting the growth and development of the Fantom ecosystem. On the other hand, Fantom is a scalable, layer-1 blockchain that is compatible with Ethereum. Like the....
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code. Fantom Looks to Curb Defi Exploits With Watchdog Monitoring System The Fantom blockchain aims to protect its defi ecosystem with a new automated smart contract surveillance system called Watchdog, according to a blog post published on Thursday. Fantom is a layer one (L1) EVM-compatible....