L1 Blockchain Fogo Pauses Mainnet After 400 Million Tokens Leave Foundation Wallets
Fogo, a Layer 1 blockchain built around the Solana Virtual Machine, temporarily stopped mainnet activity after a security incident involving the project’s foundation. An unknown party gained access to foundation-controlled holdings and moved 400 million FOGO tokens to an external address. The transfer represents about… Read More
Read more in: Blockchain & Digital Assets | Tagged exploit, fogo, hack, l1 blockchain, solana