The Fantom Foundation, the organization behind the Fantom network, has been hacked for an estimated $7 million in cryptocurrency. The hack involved a Chrome zero-day exploit, resulting in the draining of one of the foundation's wallets. The stolen funds were consolidated into one address, holding approximately $7 million. A team member's wallet was drained of $3.4 million. The breach was disclosed by on-chain investigator Spreek and later confirmed by CertiKAlert. The overall losses across multiple wallets are speculated to be around $7.1 million. Fantom Foundation is expected to release an official statement regarding the breach.
On Oct 17, @FantomFDN suffered a breach of a few Fantom wallets. The estimated losses from the Fantom Foundation funds are around 💰~$550K, and overall losses across multiple wallets are speculated to be around 💰~$7.1M (~4501ETH) In an official statement, @FantomFDN… https://t.co/CsSIYckUq4 https://t.co/krGVy8E6Bi
Major Attack on Fantom Foundation Employee: Approximately 7 Million Dollars Stolen! https://t.co/fhYvZWYXB4
ICYMI: Fantom Foundation employee loses at least $7 million of crypto in exploit https://t.co/HCIXAitwz7
ANOTHER ONE - 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… https://t.co/235OM2so4c https://t.co/5clIgduhmp
.@FantomFDN wallets have been drained, with the exploiter transferring $657,000 to a wallet holding $7 million. Reporting by @oknightcrypto https://t.co/IF1tyjibVK
🚨 Fantom @FantomFDN Wallets Drained in Phishing Attack Attackers consolidated the stolen funds into one address which now holds about $7M, @CertiKAlert said. Fantom team member wallet was drained of $3.4M, according to @spreakaway. More here 👇 https://t.co/7LOUuOLvxC https://t.co/nzTG1XiO7r
Fantom Foundation hit by security breach, with $657k stolen across networks https://t.co/MX8729skyt
Fantom Foundation employee loses at least $7 million of crypto in exploit https://t.co/uZ2pK1pe5j
🚨 BREAKING: Fantom Foundation @FantomFDN wallets have suffered a phishing attack. Fantom Wallets were drained on Ethereum and Fantom. Stolen funds have been consolidated in address holding about $7M. $FTM #hack Source: @CertiKAlert & @spreekaway
Fantom Foundation allegedly drained on one of their wallets via a Chrome zero day https://t.co/PhBO2TtsAt