#Fantom Blockchain

Fantom is a blockchain based on DAG (Directed Acyclic Graph) technology, compatible with the Ethereum Virtual Machine. Its native cryptocurrency is FTM.

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ForkLog 17 23.03.2025

Sonic Labs to Launch Its Own Algorithmic Stablecoin

The creators of the Sonic blockchain are working on implementing their own algorithmic stablecoin, according to Sonic Labs co-founder Andre Cronje. POC looks good. Yielding > 200% APR @ 10m tvl, around 23.5% APR @ 100m, steady at around 4.9% at 1bn+. Will scale up and get team for a full release. https://t.co/JtMqzAkU7g pic.twitter.com/Z4j2aPzefB — […]

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ForkLog 30 26.02.2025

A phantom reborn: Sonic, a revamped network from the ‘father of DeFi’

In December 2024, following a rebrand, the Sonic mainnet was launched—an EVM-compatible layer-1 (L1) blockchain. The ‘father of DeFi’, Andre Cronje, has taken the helm of the new direction for the old Fantom project. In February 2025, attention to the Sonic ecosystem and token rose sharply. Several forces are at work: users’ anticipation of a […]

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ForkLog 26 03.12.2024

Sonic Labs Launches Mainnet and Announces Airdrop

On December 2, developers of the L1 blockchain Sonic Labs announced the launch of the mainnet and the processing of the first transaction block. Genesis achieved. Block zero. Infrastructure deploying. Public soon. — Sonic Labs (prev. Fantom) ? (@0xSonicLabs) December 2, 2024 According to them, the system is already being deployed and will be available […]

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ForkLog 6 18.11.2024

Polter Finance Hacked for $12 Million

The decentralised lending platform Polter Finance has fallen victim to an attack on the Fantom blockchain, losing the majority of its assets—over 16.1 million SGD (~$12 million). The personal loss of the project’s founder, known as Whichghost, amounted to approximately 300,000 SGD (more than $223,000). the following is the police report filed regarding @polterfinance exploit […]

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ForkLog 2 23.05.2024

Fantom Foundation to Establish Sonic Foundation and Sonic Labs

The non-profit Fantom Foundation is set to establish Sonic Foundation and Sonic Labs ahead of the launch of the Sonic blockchain.

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ForkLog 11 26.03.2024

Sonic Update to Boost Fantom’s Performance to 2000 Transactions Per Second

The decentralized protocol based on DAG (directed acyclic graph), Fantom, is set to upgrade to the new Sonic version, which promises a throughput of 2000 TPS. Michael Kong Unveils Sonic’s Launch and Beyond TL;DR Sonic will be used to create a new best-in-class shared (decentralized) sequencer for L1 and L2 chains, capable of 180M daily […]

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ForkLog 8 23.11.2023

Fantom transaction volume hits record high amid launch of Ordinals analogue

The daily transaction volume on the Fantom network reached record highs, presumably due to the growing popularity of the Ordinals analogue in the form of FRC-20 standard tokens.

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ForkLog 9 17.10.2023

Fantom Foundation reports hack worth hundreds of thousands of dollars

Fantom Foundation representatives said the hack affected one of the organization's wallets due to a zero-day vulnerability in the Google Chrome browser.

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ForkLog 6 10.08.2023

Fantom to consider moving to Optimistic Rollups

The Fantom Foundation developers are considering moving the eponymous blockchain to the Optimistic Rollups technology.

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ForkLog 7 29.05.2023

Fantom to return 15% of transaction fees to projects

The Fantom smart-contract platform has launched a program to incentivize network projects via gas fees.

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ForkLog 6 20.01.2023

Fantom launches decentralised fund to develop its ecosystem

The Fantom smart-contract platform has launched a decentralised mechanism for funding projects in its ecosystem.

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ForkLog 13 28.12.2022

André Cronje outlines plans for Fantom platform development

André Cronje, who has joined the Fantom Foundation's board of directors, outlined the goals and priorities for Fantom's development over the coming year in an open letter to the team.

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