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Sonic to Deploy a Safety Mechanism in its Upcoming Upgrade

Share on X icon · Published 9 months ago on November 5, 2025 · Hassan Maishera

On Monday, Sonic Labs (formerly Fantom Foundation) announced via X that it had deployed a safety mechanism planned to be implemented in an upcoming network upgrade.

Sonic to Deploy a Safety Mechanism in its Upcoming Upgrade

On Monday, Sonic Labs (formerly Fantom Foundation) announced via X that it had deployed a safety mechanism planned to be implemented in an upcoming network upgrade.

This comes after the Sonic security team was notified of suspicious activity involving a potential exploit on the Beets Protocol. The team has also frozen some wallets pending further investigation. 

Sonic (previously Fantom) is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its S coin is up 4.6% in the last 24 hours and is currently trading at $0.1214.

 

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Hassan Maishera
Hassan Maishera Senior Reporter

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.