Fantom Foundation suffered a major wallet exploit.
The firm claims all foundation funds are secure, and investigating the incident and tracking asset movement.
On Oct 17th, an account on Fantom Telegram Channel reported that the blockchain platform had fallen victim to a zero-day security exploit on Google Chrome. The exploit likely to stem from a Fantom employee granted the unauthorized access to some of Fantom hot wallets.
Fantom Foundation has reassured its users that most of its assets are securely stored in cold wallets and unaffected, but the firm has not yet disclose the full extent of the exploit happended.
1. Not an financial advise.
2. DYOR, especially before any investment decision.
$FTM
