Fogo Foundation Hacked, Around 400 million FOGO Tokens Transferred

BlockBeats News, August 29th. The SVM Layer 1 network Fogo announced that the Fogo Foundation was recently breached by unknown attackers, resulting in approximately 400 million FOGO tokens being transferred to the attacker's address. The foundation stated that it had promptly notified relevant exchanges and is actively communicating with law enforcement and forensic experts.

Currently, this incident has not impacted the Fogo blockchain itself, and the network is still running smoothly. The foundation has stated that more information will be disclosed in a timely manner.