Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Incidents

Fantom Foundation’s Security Breach

October 19, 2023
Reading Time: 2 mins read
in Incidents

The Fantom Foundation, a non-profit organization supporting the Fantom blockchain network, recently suffered a data breach in which hackers managed to steal over $550,000 in cryptocurrency. The breach was attributed to a zero-day security vulnerability in Google Chrome, which allowed attackers to exploit the flaw and steal private keys from the Foundation’s wallets.

Furthermore, although discussions among users on The Fantom Foundation’s Telegram channel suggest the zero-day vulnerability may be linked to a heap buffer overflow within Google Chrome’s WebP format, the incident is still under investigation for a conclusive understanding. The attack primarily targeted an employee’s personal wallets, which had been reassigned from the organization, making it a targeted personal attack.

Fortunately, only a small number of wallets were compromised, and more than 99% of the Fantom Foundation’s funds remained secure. Crypto and Blockchain security firm CertiK confirmed the data breach and reported losses in two Foundation wallets.

Additionally, the Foundation is actively working with authorities to investigate the incident and has urged users to update their Google Chrome browsers to mitigate such risks. This breach serves as a stark reminder of the importance of employee cybersecurity training, regular software updates, and robust security measures when dealing with cryptocurrencies. It underscores the inherent risks involved in cryptocurrency usage and the vigilance required to safeguard valuable assets.

References:

  • CVE-2023-4863 Detail
  • Fantom Foundation
  • There was zero day exploit on chrome because of that some of Fantom foundation wallet got drained
Tags: BlockchainCyber incidentCyber Incidents 2023CybersecurityData BreachFantom FoundationGoogleHackersOctober 2023Zero-day exploitszero-day vulnerability
ADVERTISEMENT

Related Posts

Avantic Lab Affected By Ransomware

Avantic Lab Affected By Ransomware

July 11, 2025
Avantic Lab Affected By Ransomware

Microsoft’s Outlook Long Outage

July 11, 2025
Avantic Lab Affected By Ransomware

$40M+ Stolen from GMX Crypto Platform

July 11, 2025
Nippon Steel Solutions Data Breach

Bitcoin Depot Breach Exposes Data

July 10, 2025
Nippon Steel Solutions Data Breach

McDonald’s AI Hiring Bot Exposes Data

July 10, 2025
Nippon Steel Solutions Data Breach

Nippon Steel Solutions Data Breach

July 10, 2025

Latest Alerts

Fake Sites Push Investment Scams

Fake Firms Push Malware on Crypto Users

Severe WordPress Flaw 200K Sites at Risk

RondoDox Botnet Exploits Router Flaws

ServiceNow Data Exposure via ACLs

Hackers Revive SEO Poisoning

Subscribe to our newsletter

    Latest Incidents

    Microsoft’s Outlook Long Outage

    Avantic Lab Affected By Ransomware

    $40M+ Stolen from GMX Crypto Platform

    Bitcoin Depot Breach Exposes Data

    McDonald’s AI Hiring Bot Exposes Data

    Nippon Steel Solutions Data Breach

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial