Fantom


Tech

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Fantom Foundation CEO Michael Kong (Fantom)

Videos

Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outperforming the broad market CoinDesk 20 Index. Plus, Hong Kong is expanding the cross-border digital yuan pilot. And, a customer sued Dolce & Gabbana USA for its NFT deliveries, according to a report from Bloomberg.

Recent Videos

Markets

Fantom Outperforms CoinDesk 20 Over Past Week as TVL Jumps

FTM has gained 13% in the last week, and total value locked in Fantom briefly hit $200 million.

(CoinDesk Indices)

Markets

Fantom Cofounder Mulls Idea for 'Safer' Meme Coins

Fantom's Cronje is the latest in a line of blockchain teams that are open to directly engaging with meme coins.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Videos

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 market value. Is Fantom’s impending Sonic upgrade the catalyst for the spike in FTM? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

CoinDesk placeholder image

Markets

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)

Finance

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.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Tech

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)

Finance

Fantom Foundation Wallets Drained; $657K Stolen

The stolen funds have been transferred to a wallet that holds around $7 million worth of ether.

Hacker (Towfiqu Barbhuiya/Unsplash)

Tech

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 blockchain.

James Tromans, global head of Web3, Google Cloud. (CoinDesk TV)

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