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Directed Acyclic Graph (DAG) protocol Fantom has made a significant move that will change its trajectory going forward. The protocol announced on its official X page that it has fully rebranded to Sonic Labs.
DTX Exchange has been progressing at the speed of light. The emerging platform has become a focal point for seasonal as well as institutional investors. DTX's presale stage 2 nears completion as it sells out more than 50%. The platform has raised $1,188,708 Million. Meanwhile, Notcoin (NOT) and Fantom (FTM) struggle in the market.
Fantom's (FTM) price might be seeing some sideways movement before the altcoin can successfully close above $0.50.
The market opened today with enthusiasm, seeing a rebound after last week's slippage. According to CoinGecko, the entire market is up more than 3% today.
Fantom (FTM), a notable player in the cryptocurrency market, has recently made headlines with a significant shift in its supply dynamics. As of the latest data, the quantity of FTM coins held on cryptocurrency exchanges has plummeted to 639 million.
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic.
Fantom and Sonic have formed a partnership with the RPC solutions provider Alchemy to increase the performance of the crypto network Opera.
On Wednesday, the number of Fantom (FTM) coins held in wallets on cryptocurrency exchanges fell to a two-year low of 639 million, its lowest number since January 10, 2022.
Currently, Bitcoin is up by 4% and many altcoins are printing gains. According to the analyst of The Sniper Trading Show, this suggests that when the market is in a state of extreme fear, it can be a good time to take on risk.
In a significant legal development, Singapore's High Court has ruled in favor of the Fantom Foundation, ordering Multichain Foundation Ltd. and Multichain Pte Ltd.
In a recent legal win for the Fantom Foundation, Singapore's High Court ordered Multichain Foundation Ltd. and Multichain Pte Ltd. to pay $2. 19 million in damages. This decision has been reached because Multichain has not supplied 4. 175 million FTM tokens or equivalent market value, which is not an easy fixture for cryptocurrency-related lawsuits.
With the price of Bitcoin reclaiming the $59,000 mark, the cryptocurrency market has recorded a significant jump in its global valuation. Moreover, top tokens have successfully retested their crucial support levels, resulting in a strong bullish bounce back.
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain's failure to deliver 4.175 million FTM tokens or their equivalent value. Singapore Court Rules in Multichain Case Fantom Foundation Ltd.
Ryan Selkis, the head of Messari, has announced that his company is breaking free from the SEC and is now waging a war against it. This is huge news as it could bring more attention to the DeFi market.
The High Court of Singapore has ruled in favor of the Fantom Foundation, ordering the Multichain Foundation, a cross-chain router protocol, to pay $2.1 million in compensation for losses incurred during a 2023 hack.
The Singapore High Court has ordered Multichain Foundation to pay $2.18 million to Fantom Foundation for losses from a 2023 hack, potentially paving the way for asset recovery for all affected parties
The High Court of Singapore has ordered that the Multichain Foundation, a prominent cross-chain router protocol, compensate the Fantom Foundation, a leading layer-1 platform, with $2.18 million. This ruling follows a devastating Multichain hack in July 2023 that resulted in the loss of over $210 million in assets across various chains.
A Singaporean high court has ruled that the cross-chain router protocol Multichain Foundation owes compensation to the Fantom Foundation, a layer-1 platform, for losses incurred in a 2023 hack.
The High Court of Singapore orders Multichain to compensate Fantom Foundation after a $210 million hack, awarding $2.18 million in damages.
Fantom Foundation announced a legal victory against Multichain following a judgment by the High Court of Singapore. The ruling came after a default judgment was issued against Multichain on Jan. 30, with an assessment of damages hearing held on June 3.
Monthly revenue across the Fantom (FTM) network has plummeted by over 30% in the last month. This has occurred despite the uptick in the number of active addresses on the network during the same period.
Here is how some of your favorite assets concluded the week.
Are altcoins genuinely doomed, or will Bitcoin and Ethereum steal the limelight, leaving altcoins underperforming? Bitcoin is sitting between $62,500-$63,000 and according to one analyst, this marked a fight from the Bulls in the last 24 hours and also a formation of a “pin bar candle”. This pattern suggests a possible bullish reversal.
The surge in Fantom's (FTM) price in the last 24 hours has caused most transactions involving the altcoin to end in profit.
