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Sonic price prediction 2025-2031: Will S reach $1 soon?

Chain On March 25, 2024, Fantom CEO Michael Kong announced the launch of the Sonic mainnet following the completion of its ...
Business Insider

As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens

The chaos at bridge-builder Multichain (MULTI) is stirring concern in the Fantom (FTM) ecosystem despite assurances from the Fantom Foundation. DeFi protocols are trying to insulate themselves from a ...
Cryptopolitan on MSN

New York judge extends $63M asset freeze to aid Multichain liquidation

A New York federal judge extended a $63 million asset freeze to assist Singapore liquidators in Multichain’s ongoing ...
CoinTelegraph

Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability

The Fantom market on Aave v3 adds just $30 each day to the DeFi protocol's treasury; developers are also concerned that the integration creates security risks. On Tuesday, Marc Zeller, integration ...
CoinTelegraph

‘Multichain was a big blow,’ says Andre Cronje as Fantom TVL slumps

Fantom’s TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom’s TVL topped $7.5 billion. “Multichain was a big blow,” Cronje wrote in a thread ...
CoinDesk

Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and Dogechain

Cross-chain router protocol Multichain has been exploited for nearly $130 million after an attacker siphoned capital out of numerous token bridges. "The lockup assets on the Multichain MPC address ...
CoinDesk

As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens

A handful of decentralized finance (DeFi) projects on the Fantom blockchain (FTM) began moving crypto to other networks this week out of fear that Multichain’s (MULTI) mounting bridging crisis could ...