Fantom Token (FTM) Slumps 30% This Week On Cronje Exit, Fantasm Hack

FTM, the native token on the Fantom smart contracts blockchain, slumped 30% this week after senior developers Andre Cronje and Anton Nell announced their exit from the project. The token was further undermined by a hack in a Fantom-based protocol, Fantasm, that stole $2.6 million.