Fogo
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anchored·4YQ1ob…vWBqSummary
Fogo is a Layer 1 blockchain built on the Solana Virtual Machine (SVM), designed for institutional-grade, low-latency trading and settlement. It launched its public mainnet in January 2026 after raising approximately $20.5 million across multiple funding rounds. On August 29, 2026, the Fogo Foundation disclosed a wallet breach in which an unknown actor transferred 400 million FOGO tokens (approximately 4% of total supply, valued at roughly $3.88 million at the time) to an external address, causing the token price to fall approximately 18–20%.
Connected Entities
6 entities · 60 linked investigations- Fogo→mentioned with→Ambient Finance(75%)
- Fogo→mentioned with→Firedancer(65%)
- Fogo→mentioned with→Binance(70%)
- Fogo→mentioned with→Solana(70%)
- Fogo→mentioned with→KuCoin(60%)
- Firedancer→mentioned with→Solana(80%)
- Solana→mentioned with→Firedancer(60%)
- Ambient Finance→mentioned with→Fogo(60%)
- Ambient Finance→mentioned with→Firedancer(60%)
Timeline(7 events)
December 2024
Fogo raises $5.5 million seed round at $100 million FDV, led by Distributed Global with CMS Holdings participating.
CryptoRank24 January 2025
Fogo raises $8 million via Cobie's Echo crowdfunding platform in under two hours from over 3,000 angel investors.
The BlockJuly 2025
Fogo testnet launches and tops Chainspect's performance leaderboard for fastest chains by TPS.
MessariDecember 2025
Fogo cancels a planned $20 million token presale and reallocates those tokens to a community airdrop.
CoinMarketCap13 January 2026
Fogo public mainnet launches following a $7 million strategic token sale on Binance.
The Defiant29 August 2026
Fogo Foundation discloses wallet breach in which an unknown attacker transferred 400 million FOGO tokens (~$3.88 million) to an external address. FOGO price falls approximately 18–20%. Foundation contacts exchanges, law enforcement, and forensic firms. Blockchain itself unaffected.
CryptoTimesDecision Log
- slot 443526964 · hash 3CgvEh3NTiNBt4pnas1cUjvK5gMAWET3yKg6di9vBriw
This investigation is cryptographically anchored to the Solana blockchain (1 decision). 12 of 14 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 8/29/2026, 11:13:43 PM
last updated: 8/29/2026, 11:13:43 PM
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