Fantom’s FTM Token Overperforms, Gains 190% in Four Weeks
Fantom’s FTM Token Overperforms, Gains 190% in Four Weeks
Layer 1 blockchain Fantom’s native token FTM has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by marke...
Fantom’s FTM Token Overperforms, Gains 190% in Four Weeks

FTM's price. (CoinDesk)
Fantom’s FTM is the Best Performing Non-Meme Token of the Past 30 Days
Fantom's impending Sonic upgrade, expected to boost transaction processing speeds, may have galvanized investor interest in the cryptocurrency.
FTM's price. (CoinDesk)

(fikry anshor/Unsplash, modified by CoinDesk)
Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits in 2023.
(fikry anshor/Unsplash, modified by CoinDesk)

(Micheile/Unsplash)
Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged
The move could help improve network security as validators are more widely distributed across the world, developers said.
(Micheile/Unsplash)

Fantom wallets drained (Towfiqu Barbhuiya/Unsplash)
Fantom Foundation Wallets Drained; $657K Stolen
The stolen funds have been transferred to a wallet that holds around $7 million worth of ether.
Fantom wallets drained (Towfiqu Barbhuiya/Unsplash)

James Tromans, global head of Web3, Google Cloud. (CoinDesk TV)
Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon
Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockcha...
James Tromans, global head of Web3, Google Cloud. (CoinDesk TV)

Hector Network suffered major losses this month. (H. Armstrong Roberts/ClassicStock/Getty Images)
Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses
The vote delivers a pyrrhic victory to activist investors who hounded the Fantom-based project with allegations of mismanagement.
Hector Network suffered major losses this month. (H. Armstrong Roberts/ClassicStock/Getty Images)

Bridge (Alex Azabache/Unsplash)
As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridge...
Bridge (Alex Azabache/Unsplash)

Bridge (Unsplash modified by CoinDesk)
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
With facts hard to come by, a coterie of crypto players are taking action.
Bridge (Unsplash modified by CoinDesk)

The Fantom Foundation removed millions of dollars in crypto from $MULTI trading pools. (Regularguy/Unsplash)
Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool
Multichain’s current upgrade is taking longer than expected, causing delays in their transactions.
The Fantom Foundation removed millions of dollars in crypto from $MULTI trading pools. (Regularguy/Unsplash)