Fantom (FTM) Crypto News Today

Sonic Labs scraps its algorithmic stablecoin and pivots to a dirham-based alternative, aligning with UAE’s digital currency rollout in late 2025.

The implementation comes nearly three years after the $40 billion stablecoin issuer Terra collapsed in May 2022.

Sonic claims to be the world’s fastest EVM chain with a “true” 720 milliseconds blockchain finality.

Bitcoin’s consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM.

The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio.

DeFi app Polter became the victim of a “classic” flash loan exploit, and a man was sentenced to 24 years for crashing a bank with a crypto scam.

Coinbase chief legal officer Paul Grewal urged the SEC to foster crypto innovation over litigation.

Rumors about listing fees could drive projects toward decentralized trading platforms.

Bitcoin’s recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.

Fantom price defies the crypto market downtrend as traders anticipate a new token launch and mainnet upgrade.

Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally.

Trump is launching the World Liberty Financial DeFi platform, Uniswap’s CEO denies charging for protocol deployment, and the Sonic blockchain hits 720ms finality.

Sonic could become the fastest blockchain by finality if it maintains the performance on its mainnet.

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

SHIB is the biggest crypto by the US dollar value drained from WazirX’s wallet in the hacking incident that includes Pepe, Ether, and other cryptocurrencies.