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<p class="is-style-lead">The Fantom Foundation has reportedly suffered a significant security breach due to a zero-day exploit on Chrome, leading to the theft of at least $657,000 across its blockchain networks.</p> 
<p>Fantom Foundation reportedly suffered a zero-day exploit, leading to hackers draining over 35 wallets from the platform’s Fantom and Ethereum networks. The breach was first disclosed by users in a Fantom Foundation <a href="https://t.me/Fantom_English/806363" target="_blank">Telegram group</a>.&nbsp;</p> 
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<p>According to the Telegram post, the breach resulted from a zero-day exploit on Google Chrome. Several users also confirmed the story on X. However, most of the foundation’s assets are stored in cold wallets and are not affected.</p> 
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   <p lang="en" dir="ltr">Fantom Foundation allegedly drained on one of their wallets via a Chrome zero day <a href="https://t.co/PhBO2TtsAt" target="_blank">pic.twitter.com/PhBO2TtsAt</a></p>— Spreek (@spreekaway) <a href="https://twitter.com/spreekaway/status/1714282750830928176?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">October 17, 2023</a>
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<p><br>Leading blockchain security platform, <a href="https://twitter.com/CertiKAlert/status/1714289040873418763" target="_blank" rel="noopener">CertiK</a> also confirmed the breach has resulted in a loss of at least $657,000 so far across both Fantom and Ethereum. During the time of reporting, Fantom Foundation has yet to release any official comments or announcements regarding the breach.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/CertiKSkynetAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#CertiKSkynetAlert</a> 🚨<br><br>Fantom Foundation wallets have been drained on Ethereum and Fantom<br><br>So far we can confirm:<br><br>Fantom: Foundation Wallet 20 lost ~$470k on FTM<br>Fantom: Foundation Wallet 18 lost at least ~$187k on ETH<br><br>We will continue to track <a href="https://t.co/KnyqgaO4CB" target="_blank">https://t.co/KnyqgaO4CB</a></p>— CertiK Alert (@CertiKAlert) <a href="https://twitter.com/CertiKAlert/status/1714289040873418763?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">October 17, 2023</a>
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<p>This month has seen an uprise in security incidents affecting blockchain and DeFi projects. Yesterday, <a href="https://crypto.news/trueusd-customer-data-exposed-in-a-third-party-security-breach/">TrueUSD</a> disclosed a security breach from a third-party vendor, resulting in the exposure of several customer data. Web3 platform <a href="https://crypto.news/galxe-announces-fund-recovery-plan-worth-396k-following-security-breach/">Galxe</a> also suffered a major DNS attack last week, resulting in nearly $500,000 worth of losses.&nbsp;</p> 
<p>This is a developing story. </p> 
<p> Read more: <a href="https://crypto.news/crypto-market-sees-massive-pump-and-dump-amid-fake-bitcoin-etf-news/"> Crypto market sees massive ‘pump and dump’ amid fake Bitcoin ETF news </a> </p> 
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Fantom Foundation hit by security breach, $657k stolen across networks

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