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<p>Fogo has temporarily halted its mainnet after an attacker gained access to 400 million $FOGO.  

These tokens are worth approximately $3 million, equivalent to over 10% of the circulating supply.  

The puzzling aspect is that 15 hours earlier, the project still claimed the blockchain was operating normally and unaffected.  

A Layer 1 that touts a block speed of 40 milliseconds ultimately had to trigger a full network shutdown to freeze the funds.</p>

Fogo has temporarily halted its mainnet after an attacker gained access to 400 million $FOGO.  
These tokens are worth approximately $3 million, equivalent to over 10% of the circulating supply.  
The puzzling aspect is that 15 hours earlier, the project still claimed the blockchain was operating normally and unaffected.  
A Layer 1 that touts a block speed of 40 milliseconds ultimately had to trigger a full network shutdown to freeze the funds.

Fogo has temporarily halted its mainnet after an attacker gained access to 400 million $FOGO. These tokens are worth approximately $3 million, equivalent to over 10% of the circulating supply. The puzzling aspect is that 15 hours earlier, the project still claimed the blockchain was operating normally and unaffected. A Layer 1 that touts a block speed of 40 milliseconds ultimately had to trigger a full network shutdown to freeze the funds.

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