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Layer 1 blockchain Fogo halts mainnet after attacker receives 400 million FOGO tokens, worth about $3 million, representing 10% of circulating supply
The Fogo Foundation stated that an unknown actor compromised the organization on Friday, sending the tokens to a "bad actor." The network was halted on Saturday to prevent further movement of the affected assets while validators upgraded the network. Crypto exchanges Bitget and KuCoin have suspended FOGO deposits and withdrawals. Fogo launched its mainnet in January after a $7 million Binance token sale.
Source：The Block · Source Link
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