Farcana Clarification: Third-party market makers attacked, official wallet, FAR smart contract not affected

Odaily Planet Daily News, Chain Game Studio Farcana released a security incident update on X: ‘Over the past three weeks, Farcana has been working with major market makers to gradually increase liquidity. This morning, we learned that one of the market makers may have been attacked, which resulted in the sale of a loan we provided to them in the market. We quickly contacted the exchange and other market makers to limit the related activities.’ As of the time of publication, on-chain indicators show that the market value of the remaining tokens for sale is between $60,000 and $80,000. We are working with the appropriate counterparties to address this issue as it has caused adverse reactions in the market. To clarify, Farcana has not been hacked, our wallet has not been stolen, and the FAR smart contract has not been attacked. The spread of misinformation and the amplification of market impact were caused by hackers targeting third parties. We will continue to provide further information updates in the future. CoinGecko data shows that FAR has dropped by 47% in the past 24 hours, currently trading at $0.01972.