🚀 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 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 Foundation Addresses Exchange Coordination Following Vulnerability Incident
#FlowFoundation #ExchangeCoordination #VulnerabilityIncident #FLOWtokens #AML #KYC #ForensicAnalysis #TradingAnomalies #BTC #NetworkInterruption #FraudulentTokens #FinancialRisk #CryptoExchanges
According to ChainCatcher, the Flow Foundation has issued a statement regarding the coordination with exchanges following a vulnerability incident. The foundation has collaborated with forensic agencies and several global exchanges to protect users and restore network operations.
The foundation reported that shortly after the incident, a single account deposited approximately 150 million FLOW tokens, representing about 10% of the total supply, into one exchange. A significant portion of these tokens was converted into BTC, and over $5 million was withdrawn within hours before the network interruption. This process exposed flaws in AML/KYC procedures and transferred financial risk to users who unknowingly purchased fraudulent tokens.
Forensic analysis also revealed significant trading anomalies in the exchange's FLOW market before and after the incident, which did not align with normal trading patterns. The foundation's requests for clarification on these trading patterns through operational channels have gone unanswered.#FlowFoundation #ExchangeCoordination #VulnerabilityIncident #FLOWtokens #AML #KYC #ForensicAnalysis #TradingAnomalies #BTC #NetworkInterruption #FraudulentTokens #FinancialRisk #CryptoExchanges
🚀 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
🚀 Flow Foundation Updates on Vulnerability Fix Progress
#FlowFoundation #VulnerabilityFix #EVM #Cadence #RepairProcess #EthereumVirtualMachine #BridgeFunctionality #ExchangeFunctionality #FLOW
According to PANews, the Flow Foundation has provided an update on the progress of fixing a recent vulnerability. The core development team has identified a solution to restore Ethereum Virtual Machine (EVM) functionality during the ongoing Cadence repair work. The EVM network is expected to be back online within 24 hours. Currently, the team is working on the second phase (Cadence) and the third phase (EVM) of the repair process simultaneously, with plans to proceed to the fourth phase, which involves restoring bridge and exchange functionalities.#FlowFoundation #VulnerabilityFix #EVM #Cadence #RepairProcess #EthereumVirtualMachine #BridgeFunctionality #ExchangeFunctionality #FLOW