Layer 1 blockchain Fogo halts mainnet after attacker receives 400 million FOGO tokens, 10% of circulating supply
The affected tokens make up about 4% of FOGO's genesis supply and were worth about $3 million at the time of the incident.
Read Full Article on The BlockSummary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
ECB Wants the Euro Directly on Blockchain. Will It Kill Stablecoins in Europe?
Schnabel says the ECB should issue euro reserves on-chain, casting stablecoins as complements, not settlement anchors. The post ECB Wants the Euro Directly on Blockchain. Will It Kill Stablecoins in Europe? appeared first on BeInCrypto.
Solana Breaks 10-Month Curse as Institutional Money Storms In
As of this weekend, the digital asset solana (SOL) is closing August with its first monthly win in nearly a year, as institutional money, a tighter future token supply, and record network activity drove SOL back above $100 per coin. The token traded near $106…
Bitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run
Spot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.