In July 2023, the cross-chain router protocol Multichain was hacked. This resulted in the loss of $126 million worth of cryptocurrency on its Fantom [FTM] bridge, which had a significant impact on the network’s performance in Q3. On-chain data provider Messari, in a new report, found that due to the hack, Fantom witnessed a series of declines in some of its ecosystem metrics. Firstly, its native token FTM experienced a large selloff in mid-August. This resulted in a 15% decline in the altcoin’s value between 16 and 18 August and a 35% fall in its circulating market capitalization during the quarter under review.
LIVE
Mkt Cap $2.31T
BTC Dom 56.83 %
BTC
$65,245.00
▲ +1.10%
ETH
$1,931.35
▲ +1.50%
USDT
$0.999356
▲ +0.00%
BNB
$592.36
▼ -0.10%
USDC
$0.999649
▲ +0.00%
XRP
$1.04
▼ -1.10%
SOL
$73.86
▲ +0.70%
TRX
$0.327552
▲ +0.20%
FIGR_HELOC
$1.04
▲ +1.40%
HYPE
$56.55
▲ +2.40%
DOGE
$0.070009
▲ +1.40%
USDS
$0.999842
▲ +0.00%
RAIN
$0.012738
▲ +1.50%
LEO
$9.77
▲ +0.20%
ZEC
$510.94
▲ +3.50%
ADA
$0.201162
▲ +4.60%
XMR
$371.00
▲ +2.60%
WBT
$56.42
▲ +0.90%
LINK
$8.28
▲ +1.60%
XLM
$0.161025
▲ +0.20%
DAI
$0.999924
▲ +0.00%
BCH
$216.86
▲ +2.50%
USD1
$0.999707
▲ +0.00%
USDE
$0.999691
▲ +0.00%
GRAM
$1.34
▼ -3.20%
Mkt Cap $2.31T
BTC Dom 56.83 %
BTC
$65,245.00
▲ +1.10%
ETH
$1,931.35
▲ +1.50%
USDT
$0.999356
▲ +0.00%
BNB
$592.36
▼ -0.10%
USDC
$0.999649
▲ +0.00%
XRP
$1.04
▼ -1.10%
SOL
$73.86
▲ +0.70%
TRX
$0.327552
▲ +0.20%
FIGR_HELOC
$1.04
▲ +1.40%
HYPE
$56.55
▲ +2.40%
DOGE
$0.070009
▲ +1.40%
USDS
$0.999842
▲ +0.00%
RAIN
$0.012738
▲ +1.50%
LEO
$9.77
▲ +0.20%
ZEC
$510.94
▲ +3.50%
ADA
$0.201162
▲ +4.60%
XMR
$371.00
▲ +2.60%
WBT
$56.42
▲ +0.90%
LINK
$8.28
▲ +1.60%
XLM
$0.161025
▲ +0.20%
DAI
$0.999924
▲ +0.00%
BCH
$216.86
▲ +2.50%
USD1
$0.999707
▲ +0.00%
USDE
$0.999691
▲ +0.00%
GRAM
$1.34
▼ -3.20%
BTC
$65,245.00
▲ +1.10%
ETH
$1,931.35
▲ +1.50%
USDT
$0.999356
▲ +0.00%
BNB
$592.36
▼ -0.10%
USDC
$0.999649
▲ +0.00%
XRP
$1.04
▼ -1.10%
SOL
$73.86
▲ +0.70%
TRX
$0.327552
▲ +0.20%
FIGR_HELOC
$1.04
▲ +1.40%
HYPE
$56.55
▲ +2.40%
DOGE
$0.070009
▲ +1.40%
USDS
$0.999842
▲ +0.00%
RAIN
$0.012738
▲ +1.50%
LEO
$9.77
▲ +0.20%
ZEC
$510.94
▲ +3.50%
ADA
$0.201162
▲ +4.60%
XMR
$371.00
▲ +2.60%
WBT
$56.42
▲ +0.90%
LINK
$8.28
▲ +1.60%
XLM
$0.161025
▲ +0.20%
DAI
$0.999924
▲ +0.00%
BCH
$216.86
▲ +2.50%
USD1
$0.999707
▲ +0.00%
USDE
$0.999691
▲ +0.00%
GRAM
$1.34
▼ -3.20%
Mkt Cap $2.31T
BTC Dom 56.83 %
BTC
$65,245.00
▲ +1.10%
ETH
$1,931.35
▲ +1.50%
USDT
$0.999356
▲ +0.00%
BNB
$592.36
▼ -0.10%
USDC
$0.999649
▲ +0.00%
XRP
$1.04
▼ -1.10%
SOL
$73.86
▲ +0.70%
TRX
$0.327552
▲ +0.20%
FIGR_HELOC
$1.04
▲ +1.40%
HYPE
$56.55
▲ +2.40%
DOGE
$0.070009
▲ +1.40%
USDS
$0.999842
▲ +0.00%
RAIN
$0.012738
▲ +1.50%
LEO
$9.77
▲ +0.20%
ZEC
$510.94
▲ +3.50%
ADA
$0.201162
▲ +4.60%
XMR
$371.00
▲ +2.60%
WBT
$56.42
▲ +0.90%
LINK
$8.28
▲ +1.60%
XLM
$0.161025
▲ +0.20%
DAI
$0.999924
▲ +0.00%
BCH
$216.86
▲ +2.50%
USD1
$0.999707
▲ +0.00%
USDE
$0.999691
▲ +0.00%
GRAM
$1.34
▼ -3.20%
