FANTOM FOUNDATION HACKED FOR ROUGHLY $6.7M

The Fantom Foundation, the organization behind the Fantom network, is reported to have been hacked for an estimated $6.7 million in cryptocurrency. The hack was disclosed by on-chain investigator Spreek and later confirmed by security platform CertiK, although CertiK estimated the loss at a much lower $657,000. The stolen assets include Convex tokens, Dai, USDC, and Fantom tokens, sent to accounts with "Fake_Phishing" labels. It's important to note that the Fantom network itself wasn't compromised; the attack was against the foundation's wallets. As of now, the foundation has not officially confirmed the incident.