News with the tag "Fantom Foundation"

Sonic Labs has announced the achievement of “Genesis,” marking the creation of the inaugural block on its highly anticipated Sonic blockchain. Described as a speed-oriented Ethereum Virtual Machine (EVM)-compatible layer-1 network, it aims to provide enhanced performance for developers and users by ...

The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio.

Fantom price has been on a roll with 60% gains on the weekly chart. Smart contract platform Fantom’s native cryptocurrency FTM gained another 10.69% in the last 24 hours, shooting past an important milestone of $1. Also, the daily trading volume has shot up by 68% to $1.4 billion showing strong bull...

Decentralized smart contract platform Fantom has undergone a transformation, rebranding itself as Sonic Labs in preparation for the upcoming launch of Sonic, an Ethereum Virtual Machine (EVM). The rebrand was officially announced via X on August 1, with Sonic Labs now fully operational across all pl...

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. Alchemy will contribute RPC support and key development tools to developers on Opera, and ...

The High Court of Singapore orders Multichain to compensate Fantom Foundation after a $210 million hack, awarding $2.18 million in damages.

The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class inf...

The money comes from smart financial strategies led by Fantom network creator Andre Cronje without increasing the total number of tokens.

The Fantom Foundation has unveiled the Fantom Meme Season campaign, a strategic initiative aimed at drawing new users and developers.

The Fantom Foundation has recently disclosed its plans to establish the Sonic Foundation and Sonic Labs in preparation for the launch of its Sonic blockchain. In an announcement on Thursday, the foundation expressed its commitment to leveraging its technology and revealed additional details about th...