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Here are some recent news updates about FTM COIN (Fantom): Positive: Price surge: Fantom has seen a significant price increase in the last 24 hours, currently up 7.59% at $0.439943. This comes after a dip following a hack in October. Staking Rewards: The Fantom Foundation offers staking rewards up to 6% APR for those who delegate their FTM tokens. This can be an attractive way to earn passive income with your holdings. Development activity: The Fantom team continues to actively develop the platform, with recent efforts focused on security improvements and scaling solutions. Negative: Security concerns: The October hack still looms large, with a security researcher suggesting the attacker could have stolen up to $170 million. This has understandably raised concerns about Fantom's security vulnerabilities. TVL decline: Fantom's Total Value Locked (TVL) has dropped significantly in 2022, from over $7.5 billion to its current level of around $70 million. This indicates a decrease in the amount of crypto assets deposited on the platform. Lending platform shutdown: A $29 million TVL lending platform built on Fantom is shutting down due to oracle misreporting issues following the exploit. This is another blow to the platform's ecosystem. Overall, Fantom is experiencing a mixed bag of news currently. While the recent price surge is encouraging, the security concerns and declining TVL remain significant challenges. It's important to do your own research and consider all factors before making any investment decisions based on this information. Here are some resources for further reading: Fantom Foundation website: https://fantom.foundation/ Fantom CoinMarketCap page: https://coinmarketcap.com/currencies/fantom/ Cointelegraph news on Fantom: https://cointelegraph.com/tags/fantom I hope this helps!

Here are some recent news updates about FTM COIN (Fantom):

Positive:

Price surge: Fantom has seen a significant price increase in the last 24 hours, currently up 7.59% at $0.439943. This comes after a dip following a hack in October.

Staking Rewards: The Fantom Foundation offers staking rewards up to 6% APR for those who delegate their FTM tokens. This can be an attractive way to earn passive income with your holdings.

Development activity: The Fantom team continues to actively develop the platform, with recent efforts focused on security improvements and scaling solutions.

Negative:

Security concerns: The October hack still looms large, with a security researcher suggesting the attacker could have stolen up to $170 million. This has understandably raised concerns about Fantom's security vulnerabilities.

TVL decline: Fantom's Total Value Locked (TVL) has dropped significantly in 2022, from over $7.5 billion to its current level of around $70 million. This indicates a decrease in the amount of crypto assets deposited on the platform.

Lending platform shutdown: A $29 million TVL lending platform built on Fantom is shutting down due to oracle misreporting issues following the exploit. This is another blow to the platform's ecosystem.

Overall, Fantom is experiencing a mixed bag of news currently. While the recent price surge is encouraging, the security concerns and declining TVL remain significant challenges.

It's important to do your own research and consider all factors before making any investment decisions based on this information.

Here are some resources for further reading:

Fantom Foundation website: https://fantom.foundation/

Fantom CoinMarketCap page: https://coinmarketcap.com/currencies/fantom/

Cointelegraph news on Fantom: https://cointelegraph.com/tags/fantom

I hope this helps!

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