Sonic Labs says its layer-1 blockchain will go public ‘soon’
The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio. Go to Source
Fantom Foundation
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Fantom Foundation and Sonic Labs Tap Alchemy to Boost Performance and Scalability for Opera and Sonic
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic. Alchemy will contribute RPC support and key development tools to developers on Opera, and similar support will be extended to Sonic upon its launch later … Read more
Multichain Foundation to pay $2.1M to Fantom for losses
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages. Go to Source
Fantom Foundation Allocates $120 Million to Accelerate Migration to Sonic
The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class infrastructure tools and partners for developers and users. The Foundation is said to be … Read more
Fantom allocates $120M in FTM tokens for Sonic migration
The fund will be used for native application grants, strategic grants to decentralized applications, and the development of infrastructure tools for developers and users. Go to Source
Fantom Foundation hot wallet hacked for $550K
Fantom Foundation lost $550,000 worth of cryptocurrency through a vulnerability in the official Fantom wallet. Go to Source
Fantom Foundation hacked for an estimated $6.7M: Report
Fantom Foundation’s wallet was reportedly drained of funds by a “Fake_Phishing” account. Go to Source
‘Smart Dubai’ Initiative Receives a Boost as DAG Platform Comes On Board
As Dubai’s government aims to propel the largest number of blockchain use cases in the world, a DAG platform offering smart city infrastructure has come on board. #SPONSORED Go to Source Powered by WPeMatico
