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Ash V. Khatibi

USDC.e on Fantom: The Pathway From Bridged to Native Stablecoin

USDC.e on Fantom: The Pathway From Bridged to Native Stablecoin

We recently announced the launch of Fantom's canonical stablecoin, USDC.e, supported by Circle and Wormhole. USDC.e on Wormhole is bridged from native USDC, located in a smart contract on Ethereum, and holds the potential to be upgraded to native USDC in the future by Circle. It

Apr '24 Newsletter

Apr '24 Newsletter

Have you been keeping up with us? Plenty of exciting stuff happened in March here at Fantom. We're rewriting the decentralized playbook with the launch of Sonic, and we just announced our new canonical stablecoin, USDC.e. Learn more about this news and much more below. USDC.e

Michael Kong Unveils Sonic’s Launch and Beyond (Part 1)

Michael Kong Unveils Sonic’s Launch and Beyond (Part 1)

On December 27, 2019, the first version of the current Opera network was released based on concepts that Andre Cronje had carefully studied, including Concurrent Common Knowledge (CCK), Lamport Timestamps, and others. It was an amazing achievement by Andre and the technical team — the first permissionless DAG-based protocol that significantly

Fantom Sonic Closed Testnet Performance Review

3 Incredible Performances from Fantom Sonic Closed Testnet

The Fantom Sonic mainnet is on the horizon, and we have already upgraded some of the Foundation’s archive nodes on the current mainnet to Sonic, achieving a 95% operational cost reduction. As we prepare for this highly awaited launch, we want to take a moment to revisit the incredible

Liquid Staking on Fantom in 2024

Liquid Staking on Fantom in 2024

Liquid staking on Fantom allows users to unlock liquidity from staked assets, opening new opportunities within DeFi. Traditionally, if you stake FTM on Fantom, you lock your tokens to support the operation and security of the network in exchange for monetary rewards. However, doing this makes your FTM illiquid, meaning

Fantom Foundation Awarded Default Judgement Against Multichain

Fantom Foundation Awarded Default Judgement Against Multichain

In July 2023, an exploit on the Multichain bridge saw the depletion of over $210 million in assets across various chains, including Fantom, Ethereum, BNB, Cronos, Polygon, Arbitrum, zkSync, Optimism, and Moonbeam. Fantom’s ecosystem losses amounted to approximately one-third of total losses. After all attempts to engage with the

Mar '24 Newsletter

Mar '24 Newsletter

We're back! February was a jam-packed month for us here at the Fantom Foundation, and we saw several important releases and news. We're talking: announcing the Sonic Labs winners, launching Sonic archive nodes on the mainnet, attending ETHDenver, and much more exciting stuff. But first, we