As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed a 12% increase, and aptos (APT) rose…
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Fantom (FTM), a cryptocurrency known for its high-speed smart contract platform, has been making headlines recently with its price movements and market predictions. As of the latest data, Fantom is ranked #43 by market cap at $2.9 billion, with a trading volume of $863 million in the last 24 hours. The current value of Fantom…
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In the fourth quarter of 2023, the cryptocurrency market experienced a notable resurgence, accompanied by the anticipation of a potential Bitcoin ETF approval. Among the standout performers during this period was Fantom (FTM), a Layer-1 protocol launched in 2018. According to a recent report by Messari, Fantom witnessed significant growth, with its circulating market cap…
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FTM, the native currency of the Fantom ecosystem, might be the next coin to follow and perhaps outperform Solana (SOL). This optimistic preview is by one technical analyst, “Magnate,” who, in an X post on October 3, said traders who missed the SOL rally may have a chance with FTM. Solana Is Exploding: Reverses Post-FTX Losses At…
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Two Fantom Foundation wallets on Ethereum and the Fantom Network have fallen victim to a phishing attack, losing over $650,000, according to reports from CertiK, a blockchain security firm. Another report by “Spreakaway” on X alleges that one of Fantom’s team members also lost $3.4 million. Fantom Foundation Falls Victim To Phishing Attack Fantom Foundation is a non-profit organization…
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The Fantom Foundation, the team dedicated to building the Fantom network, has reportedly fallen victim to a hack that led to a significant loss of approximately $6.7 million worth of digital assets. On October 17, the Fantom Foundation encountered a hacking incident, as reported by on-chain investigator Spreek. The attack was confirmed based on information…
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The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest’s proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstream U.S. financial platforms. The SEC announced on Friday its move to solicit public opinion regarding a particular amendment in the Ark 21Shares Bitcoin…
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The U.S. Federal Reserve’s recent decision to maintain its key lending rate has surprised many, as it breaks the trend of rate hikes observed in the past year and a half. This has left some wondering how long the pause will persist, given the persistent inflationary forces in the economy and the challenge of reining…
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The United States inflation rate has slowed down, with May recording a 4% rate–the lowest yearly figure since March 2021. The drop in inflation may prompt the U.S. Federal Reserve to avoid raising interest rates during its upcoming Wednesday conference, prompting market observers to closely monitor the situation. With the current economic situation in mind,…
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Developers will get a 15% cut of the fees they generate, but only if their app has done more than 125,000 transactions and has existed for three months. A new program from the Fantom Opera network team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically,…
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