Fantom Denies Reports On fWallet Security Issues

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The Fantom Foundation revealed via Twitter on Wednesday that there are unverified reports claiming that its fWallet is facing security issues.

The Fantom Foundation revealed via Twitter on Wednesday that there are unverified reports claiming that its fWallet is facing security issues. The Foundation urged its community members to disregard those reports as they are scams. There are no verified reports of any security issues with fWallet, the team added. 

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Fantom’s FTM coin is down by 7% in the last 24 hours and is currently trading at $0.1820.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.