Odaily News Fantom Foundation successfully won a lawsuit against Multichain in the Singapore High Court, ruling that Multichain breached the contract and ordered it to pay $2.1 million in damages. The court pointed out that Multichain's leadership's control of crypto assets violated the user agreement, and the case was based on Multichain's admission of key breaches on social media. Fantom Foundation plans to continue to promote Multichain's liquidation process and provide support for the recovery and distribution of assets of affected parties. (Cryptoslate)

Odaily News Fantom Foundation announced on the X platform that it will soon launch Opera powered by Sonic technology. It is reported that this upgrade aims to improve the scalability of the network. The biggest change is the new storage system of Opera Chain, which aims to reduce access time through file-based StateDB. For verification nodes, it is possible to reduce storage requirements by more than 90%. In addition, the upgrade also includes optimization and fine-tuning improvements to the Lachesis consensus mechanism.

Odaily News Fantom Foundation issued a document on the Please join us when the testnet reopens at 13:00 UTC on November 27th.

Odaily reported that according to Lookonchain monitoring, Fantom Foundation attackers sold 4,127 ETH (approximately $7.6 million) at a price of $1,842 today. According to previous news, Fantom Foundation attackers transferred 8.3 million DAI to the new address 0x5cDE...F801 and exchanged it for 4621.8 ETH.

Odaily reported that according to PeckShieldAlert monitoring, Fantom Foundation attackers transferred 830 DAI to the new address 0x5cDE...F801 and exchanged it for 4621.8 ETH.