fantom

Sonic Labs Secures Court-Ordered Multichain Liquidation After 0M Hack, Users Await Repayment

Sonic Labs Secures Court-Ordered Multichain Liquidation After $210M Hack, Users Await Repayment

The High Court of Singapore has approved a winding-up order against Multichain Foundation Ltd., a once-prominent cross-chain infrastructure protocol, following a 2023 security breach that caused over $210 million in user losses. The order, issued on May 9, 2025, came in response to a petition filed by Sonic Labs (formerly the Fantom Foundation), which was […]

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Inferno Drainer Malware Returns, Stealing M from Crypto Wallets in Six Months

Inferno Drainer Malware Returns, Stealing $9M from Crypto Wallets in Six Months

Crypto-stealing malware Inferno Drainer remains in operation despite publicly shutting down—and has has been used to snatch over $9 million from crypto wallets over the past six months. According to cybersecurity firm Check Point Research, over 30,000 crypto wallets have been drained by the resurgent malware campaign, whose developers claimed to have ceased operations in

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