FSNFusion
$0.0021
$0.00004369
(2.12%)
Mkt Cap$166,055.00
Vol1.49
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Finance Feeds
Unexpected Developments in the Aftermath of a DeFi Breach: A Hacker Returns Millions
In a surprising turn of events following a major decentralized finance (DeFi) security breach, a hacker responsible for the May attack on TrustedVolumes, a key player in the 1inch Fusion ecosystem, has returned 1,122.12 ETH, equivalent to nearly $2.07 million. This restitution, o...
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COINTURK NEWS
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Cryptopolitan
TrustedVolumes attacker returns $2M, keeps another $2M as bounty
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AboutFusion is a project which consists of an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contract employment. FUSION was established by the CEO of BitSE, an incubation company which developed QTUM Blockchain and the VeChain blockchain, crypto projects which are both successful. Fusion uses the Hierarchical Hybrid Consensus Mechanism (HHCM) that borrows things from PoW and PoS. At the same time, it uses a parallel computing by grouping nodes together, creating an efficient and safe platform. The Fusion team used in its whitepaper the term Internet of Values which refers mostly to cryptocurrency related matters, such as the exchange and management of digital assets securely and without intermediaries. The Distributed Control Right Management is a security layer that protects all locked-in cryptocurrency assets on the Fusion blockchain. The distributed storage and sharding of a private key ensures that no one can have access the complete private key, meaning that no single node can gain control of the digital assets. Along with the traditional transaction triggering mechanism, FUSION incorporated time and event based triggers into its smart contracts. These three triggering modes have resulted from various financial situations, and have been designed to meet the requests of complex financial smart contracts. BitSE, the company behind the Fusion Project, was founded in 2013 by Dejun Qian, being also responsible for the creation of QTUM and VeChain. QTUM and VeChain are both blockchain foundations which developed into independent ventures. The native token of the Fusion platform, FSN, will be used in paying network fees. Smart contracts require FSN in order for them to be executed, much like how ETH is used in the Ethereum network. Fusion (FSN) has a short history in the cryptocurrency market, which does not allow us to make predictions in the long term. Fusion cryptocurrency will have its Fusion mainnet launch before 30th June. We can expect a small increase in price due to this.
DetailsSource
Categories
Ethereum EcosystemProof of Stake (PoS)Smart Contract Platform
Date
Market Cap
Volume
Close
August 05, 2026
$166,054.55
$1.49
---
August 05, 2026
$161,707.14
$11.14
---
July 30, 2026
$163,254.86
$1.08
$0.0021
July 29, 2026
$164,786.70
$185.84
$0.0021
July 28, 2026
$169,497.25
$13.93
$0.0022
July 27, 2026
$177,917.05
$212.06
$0.0023
July 26, 2026
$181,985.28
$438.80
$0.0023
July 25, 2026
$157,618.23
$2.08
$0.002
July 24, 2026
$157,618.23
$2.08
$0.002
July 23, 2026
$164,138.87
$1.27
$0.0021
Fundamentals
44
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