Fogo, an SVM Layer 1 network, said on August 30 that it had temporarily halted mainnet operations as a precautionary step after detecting unauthorized activity, in an effort to stop the continued transfer of affected assets. During the suspension, Fogo will upgrade its network and restrict addresses associated with the incident. The team said further updates would follow once more details are confirmed, and urged users to get information only from Fogo's official channels, warning that no other source should be relied upon for updates. So far, the cause of the incident, the scale of the affected assets, and the expected timing for the mainnet's restoration have not been disclosed. The move follows an earlier attack on the Fogo Foundation by an unknown hacker, which resulted in roughly 400 million FOGO tokens being transferred to an attacker-controlled address. The foundation said it had notified relevant trading platforms immediately and was in active communication with law enforcement and forensic experts.

Fogo, a layer-1 blockchain, has halted its mainnet after an attacker received 400 million FOGO tokens. According to The Block, via Techub News, the tokens represent roughly 10% of the circulating supply. They also account for about 4% of the genesis supply — the initial token supply created at the launch of the network. At the time of the incident, the 400 million tokens were valued at approximately $3 million. The pause follows the transfer of these tokens to an attacker. Fogo operates as a base-layer network, and its native asset is FOGO. The affected amount equals one-tenth of the circulating supply, making it a significant portion. The mainnet remains suspended as reported. No additional details about how the attacker obtained the tokens were included in the original report from The Block, as summarized by Techub News. The halt is a direct response to the incident, according to the available information.

SVM public chain Fogo temporarily halted its mainnet in the past hour after detecting unauthorized activity. The precautionary shutdown aims to prevent further transfers of affected assets. During the halt, the network will be upgraded to restrict addresses linked to the incident. Fogo plans to share further updates once more information is confirmed and urges users to rely only on official channels.

An unknown attacker breached the Fogo Foundation, moving roughly 400 million FOGO tokens to a malicious address, according to ChainCatcher. The foundation said it has alerted major exchanges and is coordinating with law enforcement and blockchain forensics experts. The incident will not affect the Fogo blockchain itself, the foundation noted, and the network continues to operate normally. The foundation says it will publish further updates after more information becomes available.

Chainspect ranked Solana first at 1,635 TPS. At the same time, about 1.5 million SOL left exchanges and 1.6 million wallet addresses were added, while traders watched the $79-$85 resistance zone.

Fogo Chain says its final airdrop snapshot is complete, with full mainnet launch and an airdrop preview scheduled for January 13, 2026. The project also disclosed token allocation and early apps.