
Fantom Foundation confirms $550K loss in broader $7M attack
While the Foundation's losses were relatively mild, one Fantom employee alone may have lost $3.4 million.
Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.

The social protocol warned that it cannot help users to recover or reset new passwords if they are lost.

The platform has also engaged a white hat team to conduct a security assessment to ensure there are no vulnerabilities in the code.

The breach occurred on Sept. 25, with the hacker stealing a total of 4,997 Ether (ETH) — valued at approximately $8 million as of press time.

Stars Arena has advised users to refrain from depositing funds on the platform, which is still under DDOS attack.

The transactions occurred with a gap of roughly eight hours, with the tokens converted to BTC through THORChain Router — a bridge protocol to Bitcoin.

SlowMist founder Cos said Friend.Tech's centralization risks information leakage.



