Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
The foundation wallets of the Fantom blockchain have been drained on both Ethereum and Fantom, according to blockchain security analyst
The foundation wallet on FTM lost $470,000 whilst on Ethereum $187,000 was drained. The FTM price fell 4.8% to $0.1778 following the exploit. "There was zero day exploit on chrome because of that some of Fantom foundation wallet got drained. Fantom losses were in the hundreds of thousands of dollars and we are actively tracking the movements of lost funds," an administrator on the community Telegram wrote.
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