🚀 Flow Mainnet Upgrade Successfully Completed
#Flow #MainnetUpgrade #Blockchain #Odaily #Crypto #FLOW
According to Odaily, Flow has announced on Platform X that the upgrade of its mainnet has been successfully completed. The upgrade began at block height 85,981,135.#Flow #MainnetUpgrade #Blockchain #Odaily #Crypto #FLOW
🚀 Flow Foundation Investigates Potential Security Incident on Network
#FlowFoundation #SecurityIncident #FlowNetwork #XPlatform #FLOW #Cryptocurrency #NetworkSecurity #PriceDrop #Odaily
According to Odaily, the Flow Foundation has announced on the X platform that it is currently investigating a potential security incident affecting the Flow network. The engineering team is actively collaborating with network partners to address the issue and will provide further updates once verified.
Earlier reports indicated that the price of FLOW briefly fell below $0.125, experiencing a 24-hour decline of over 42%.#FlowFoundation #SecurityIncident #FlowNetwork #XPlatform #FLOW #Cryptocurrency #NetworkSecurity #PriceDrop #Odaily
🚀 Flow Blockchain Implements Protocol Fix Following Exploit
#FlowBlockchain #ProtocolFix #Exploit #NetworkUpgrade #CheckpointRollback #UnauthorizedTransactions #TransactionResubmission #December27Attack #FlowExecutionLayer #NetworkRelaunch #FundsSafety #LaunderingMonitoring #AssetFreezes #Celer #Debridge #Relay #Stargate #Thorchain #Chainflip #FLOW
According to Foresight News, Flow has announced the deployment of a protocol fix to address a recent exploit. Node operators are coordinating the upgrade to revert the network to a checkpoint prior to the attack, removing unauthorized transactions from the ledger. Flow emphasized that this rollback is essential to mitigate the impact of the attack. Users are advised to resubmit transactions made during the network interruption from December 27, 15:25 to December 27, 21:30 UTC+8 once the network is restored. The foundation will confirm these transactions upon the network's official relaunch.
Flow reported that attackers exploited a vulnerability in the Flow execution layer on December 27, transferring approximately $3.9 million before the network shutdown. The attack did not compromise existing user balances, ensuring the safety of all deposits. The funds were primarily moved through bridges like Celer, Debridge, Relay, and Stargate. The attacker’s wallet has been identified and flagged, with laundering activities via Thorchain and Chainflip being actively monitored. Flow Foundation has also requested asset freezes from Circle, Tether, and major exchanges.#FlowBlockchain #ProtocolFix #Exploit #NetworkUpgrade #CheckpointRollback #UnauthorizedTransactions #TransactionResubmission #December27Attack #FlowExecutionLayer #NetworkRelaunch #FundsSafety #LaunderingMonitoring #AssetFreezes #Celer #Debridge #Relay #Stargate #Thorchain #Chainflip #FLOW
🚀 Concerns Raised Over Flow Blockchain Rollback Decision
#FlowBlockchain #deBridge #BlockchainRollback #CrossChain #SecurityIncident #EcosystemCoordination #Transparency #BlockchainSecurity #LayerZero #USDC #SystemicIssues #EconomicLoss #CryptoConcerns #BlockchainCommunity #FLOW #BNB
According to Odaily, deBridge co-founder Alex Smirnov expressed concerns on the X platform regarding Flow's decision to roll back its blockchain state. Smirnov highlighted the lack of communication from Flow with key ecosystem partners, including deBridge, a major cross-chain bridge for Flow.
Smirnov warned that a hasty rollback could lead to economic losses exceeding the initial security incident and potentially cause systemic issues. These issues could affect cross-chain bridges, custodians, users, and counterparties operating during the synchronization window. He noted potential problems such as balance doubling and unrecoverable assets, mentioning that significant cross-chain and custodial transactions, including USDC transactions managed by LayerZero, had already been completed during this period.
Comparing the situation to past incidents like the BNB Chain, Smirnov pointed out that isolating attackers rather than rolling back the global state was a more common approach. He urged Flow validators to pause the rollback process until a clear remediation plan is established, ecosystem coordination is completed, and security organizations are involved. Smirnov emphasized the need for transparency, collaboration, and restraint in handling the current situation, rather than resorting to rapid and aggressive actions.#FlowBlockchain #deBridge #BlockchainRollback #CrossChain #SecurityIncident #EcosystemCoordination #Transparency #BlockchainSecurity #LayerZero #USDC #SystemicIssues #EconomicLoss #CryptoConcerns #BlockchainCommunity #FLOW #BNB
🚀 Flow Foundation Addresses Security Breach and Asset Transfer
#FlowFoundation #SecurityBreach #AssetTransfer #CrossChainBridge #Validators #NetworkSecurity #Blockchain #DecentralizedFinance #FundsRecovery #Cryptocurrency #AssetFreeze #VulnerabilityFix #BlockchainUpdate #Odaily #CryptoNews #FLOW
According to Odaily, the Flow Foundation has released an official update regarding a security breach that occurred on December 27, 2025. Attackers exploited a vulnerability in the Flow execution layer, transferring approximately $3.9 million worth of assets off-chain before validators coordinated a shutdown. The foundation assured that no existing user balances were affected, and all user deposits remain intact. The stolen funds were primarily moved through a cross-chain bridge, and the attacker's address has been identified and flagged. Efforts to trace the laundering paths are ongoing, and requests to freeze the assets have been submitted to Circle, Tether, and major exchanges.
The foundation stated that the network has been isolated, and a fix for the vulnerability has been released, currently undergoing verification and deployment. To remove unauthorized transactions, the network will roll back to a checkpoint before the attack, requiring legitimate transactions submitted during the period to be resubmitted after the restart. Based on feedback from validators and ecosystem partners, the foundation has decided to extend the coordination time to ensure network consensus and long-term security. The network will not be hastily restarted until thorough consultations are completed. User funds remain secure throughout the process, and updates will continue to be released according to the established schedule.#FlowFoundation #SecurityBreach #AssetTransfer #CrossChainBridge #Validators #NetworkSecurity #Blockchain #DecentralizedFinance #FundsRecovery #Cryptocurrency #AssetFreeze #VulnerabilityFix #BlockchainUpdate #Odaily #CryptoNews #FLOW
🚀 Flow Coordinates with Partners for Attack Recovery
#Flow #AttackRecovery #Blockchain #InfrastructurePartners #EcosystemPartners #BridgeOperators #TradingPlatforms #VerificationInstitutions #TechnicalUpdate #FLOW
According to BlockBeats, Flow has released an update regarding a recent attack, stating that the foundation is working with key infrastructure partners to finalize the best restart plan. The recovery strategy has been distributed to ecosystem partners and is currently under evaluation. This includes active discussions with bridge operators, trading platforms, and verification institutions. The next technical steps are being verified and are ready for deployment. The next status update is scheduled for 6 PM Pacific Time.#Flow #AttackRecovery #Blockchain #InfrastructurePartners #EcosystemPartners #BridgeOperators #TradingPlatforms #VerificationInstitutions #TechnicalUpdate #FLOW
🚀 Cryptocurrency Market Sees Mixed Performance with SOL Leading Gains
#Cryptocurrency #SOL #ILV #LDO #ZRO #SHIB #FLOW #UNI #EGLD #RON #SNX #CryptoMarket
According to PANews, the cryptocurrency market experienced varied movements, with several tokens showing notable gains and losses. SOL is currently priced at $128.71, marking a 3.44% increase. ILV stands at $6.054, up by 2.18%, while LDO is priced at $0.597, reflecting a 2.01% rise. ZRO is valued at $1.267, also with a 2.01% increase, and SHIB is at $0.00000748, up by 1.73%.
Conversely, some tokens experienced declines. FLOW is currently at $0.124, showing an 8.01% decrease. UNI is priced at $6.286, down by 2.54%, while EGLD is at $6.16, reflecting a 2.33% drop. RON stands at $0.129, with a 2.11% decrease, and SNX is valued at $0.436, down by 1.84%.#Cryptocurrency #SOL #ILV #LDO #ZRO #SHIB #FLOW #UNI #EGLD #RON #SNX #CryptoMarket
🚀 Flow Network Implements Isolation Recovery Plan Following Attack
#FlowNetwork #IsolationRecoveryPlan #NetworkAttack #CadenceEnvironment #EVMRepairs #CrossChainBridges #BlockchainRecovery #TokenRestrictions #ChainCatcher #BlockchainSecurity #FLOW
According to ChainCatcher, Flow's official account on the X platform has provided an update regarding the recent attack on its network. The network has decided against rolling back or restructuring, opting instead for an 'Isolation Recovery Plan.' Key points of the new strategy include:
1. No rollback or reorganization, preserving all legitimate user activities.
2. No need for partners to replay transactions.
3. Over 99.9% of accounts remain unaffected and will resume normal operations upon restart.
4. Temporary restrictions will be placed on accounts receiving illegally minted tokens during the restart.
The network recovery will occur in phases:
Phase one involves the launch of the Cadence environment, with temporary limitations on the EVM.
Phase two will see Cadence repairs, expected to take approximately 24-48 hours.
Phase three includes EVM repairs and a restart.
Phase four will restore cross-chain bridges and exchanges, with the exact timing determined by operators after confirming stability.#FlowNetwork #IsolationRecoveryPlan #NetworkAttack #CadenceEnvironment #EVMRepairs #CrossChainBridges #BlockchainRecovery #TokenRestrictions #ChainCatcher #BlockchainSecurity #FLOW
🚀 Flow Network Undergoes Software Upgrade and Testing Phase
#FlowNetwork #SoftwareUpgrade #NetworkValidators #RepairPhase #TestingPhase #ReadOnlyMode #TransactionPause #SystemSynchronization #CadenceAccounts #Blockchain #FLOW
According to Foresight News, Flow announced that its network validators have accepted a proposed software upgrade. The network is currently in a repair and testing phase, operating in read-only mode. While the network is online and generating blocks, regular transaction processing remains paused during the verification and testing of the repair protocol. This phase aims to ensure all systems are synchronized correctly before entering the first operational stage. During the transition, over 99.9% of Cadence accounts will regain full functionality.#FlowNetwork #SoftwareUpgrade #NetworkValidators #RepairPhase #TestingPhase #ReadOnlyMode #TransactionPause #SystemSynchronization #CadenceAccounts #Blockchain #FLOW
🚀 Flow Blockchain Recovers After Security Incident
#FlowBlockchain #SecurityIncident #DapperLabs #NBA #CryptoKitties #Cadence #BlockchainRecovery #Exchanges #Ecosystem #Verification #RecoveryPlan #FLOW
According to ChainCatcher, Dapper Labs CEO Roham announced on the X platform that NBA Top Shot, NFL ALL DAY, Disney Pinnacle, and CryptoKitties, all built on the Flow blockchain, experienced a security incident. The vulnerabilities were quickly identified and addressed.
Despite initial skepticism from partners regarding early solutions, consensus has been reached among the foundation, bridge operators, exchanges, and ecosystem builders on the recovery plan. The Flow network under the Cadence environment has fully resumed operations, with 99.9% of accounts completely restored, while the remaining accounts are undergoing verification.#FlowBlockchain #SecurityIncident #DapperLabs #NBA #CryptoKitties #Cadence #BlockchainRecovery #Exchanges #Ecosystem #Verification #RecoveryPlan #FLOW
🚀 Flow Network Attack Disrupts NFT Loan Repayment
#FlowNetwork #NFTLoan #Attack #RepaymentDisruption #CadenceExecution #LoanDefault #FlowFoundation #Flowty #TokenExchange #LoanSettlement #FlowPrice #FLOW
According to Odaily, the Flow network experienced an attack on December 27, leading to a shutdown that disrupted the NFT lending protocol's repayment function. This incident forced multiple loans to default. The Flow Foundation had previously suspended the Cadence execution environment until the morning of December 29.
Flowty reported on the X platform that 11 loans matured during the downtime, with 8 directly defaulting and 2 unable to settle due to account restrictions. Although the Flow network is back online, core functions like token exchange remain limited, preventing borrowers from accessing the assets needed for repayment. Flowty has paused all loan settlements from December 30 at 14:15, with loans maturing during this period neither being repaid nor defaulting. The current price of Flow is approximately $0.086.#FlowNetwork #NFTLoan #Attack #RepaymentDisruption #CadenceExecution #LoanDefault #FlowFoundation #Flowty #TokenExchange #LoanSettlement #FlowPrice #FLOW