Farcana (FAR) plunges 60% amid reports of hacked wallet

Blockchain game Farcana said in a now-deleted post

Farcana, a blockchain-based shooter with tournaments, appears to have suffered a significant security breach, resulting in a sharp drop in the value of its native token, FAR, by over 60%.

In a now-deleted post by “The problems are solved.”

Cached version of Farcana’s X statement | Source: crypto.news

Farcana did not make a statement regarding the removal of the post as of the time the news was published. In a separate

While the scale of the attack remains unclear, the price of FAR fell 60% to $0.015, according to CoinGecko data.

Founded in 2022, Farcana has raised $10 million in seed funding from Animoca Brands, Polygon Ventures, Fenbushi Capital, and Merit Circle, among others. Built on Unreal Engine 5, Farcana shares a similar graphical style with Overwatch, Blizzard Entertainment’s team-based multiplayer first-person shooter. It appears that the game operates under a free-to-play model.