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<div class="cryptonews">
 <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 <a rel="noopener noreferrer nofollow" title="networks" href="https://thebittimes.com/tag/networks.html">networks</a>. The <a rel="noopener noreferrer nofollow" title="breach" href="https://thebittimes.com/tag/breach.html">breach</a> was first disclosed by users in a Fantom Foundation Telegram group.&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 pic.twitter.com/PhBO2TtsAt</p>— Spreek (@spreekaway) October 17, 2023
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 <p><br>Leading blockchain <a rel="noopener noreferrer nofollow" title="security" href="https://thebittimes.com/tag/security.html">security</a> platform, CertiK also confirmed the <a rel="noopener noreferrer nofollow" title="breach" href="https://thebittimes.com/tag/breach.html">breach</a> 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 <a rel="noopener noreferrer nofollow" title="breach" href="https://thebittimes.com/tag/breach.html">breach</a>.</p>
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    <p lang="en" dir="ltr">#CertiKSkynetAlert <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 https://t.co/KnyqgaO4CB</p>— CertiK Alert (@CertiKAlert) October 17, 2023
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 <p>This month has seen an uprise in <a rel="noopener noreferrer nofollow" title="security" href="https://thebittimes.com/tag/security.html">security</a> incidents affecting blockchain and DeFi projects. Yesterday, TrueUSD disclosed a <a rel="noopener noreferrer nofollow" title="security" href="https://thebittimes.com/tag/security.html">security</a> <a rel="noopener noreferrer nofollow" title="breach" href="https://thebittimes.com/tag/breach.html">breach</a> from a third-party vendor, resulting in the exposure of several customer data. Web3 platform Galxe 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>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/fantom-foundation-hit-by-security-breach-657k-stolen-across-networks-tbt66732.html">https://thebittimes.com/fantom-foundation-hit-by-security-breach-657k-stolen-across-networks-tbt66732.html</a></p>

Fantom Foundation hit by security breach, $657k stolen across networks

TheBitTimes

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