Flow Token Drops Amid Investigation into Potential Security Incident
The post Flow Token Drops Amid Investigation into Potential Security Incident appeared on BitcoinEthereumNews.com.
Flow security incident: The Flow Foundation is investigating a potential breach on its mainnet, linked to the NBA Top Shot NFT platform. FLOW token plunged over 35% to $0.11 amid heightened FUD, prompting South Korean exchanges to pause deposits and withdrawals while ensuring user balances remain safe. Flow Foundation detects potential security issue, launches investigation with engineering team. Native FLOW token drops sharply from $0.17 to $0.11 as traders react to uncertainty. South Korean exchanges like Upbit, Bithumb, and Coinone suspend deposits/withdrawals; trading volume surges to $164.12 million per CoinMarketCap data. Flow security incident unfolds: Blockchain probes potential breach, FLOW token hits $0.11 lows after 69.84% 90-day decline. Exchanges halt services amid investigation—monitor updates for resolution and recovery insights. What is the Flow Security Incident? Flow security incident refers to the Flow Foundation’s announcement of a potential breach impacting the network’s mainnet. The blockchain, renowned for powering high-profile NFT projects like NBA Top Shot, alerted stakeholders on December 27, 2025. The engineering team is collaborating with network partners to assess the situation and implement response measures. This development has sparked widespread concern in the cryptocurrency community, given Flow’s prominence in the NFT and gaming sectors. The Flow Foundation emphasized close monitoring of updates, with further details on the incident’s scope expected once verified. As preventive steps, users have been advised to stay vigilant, though no confirmed exploits or losses have been reported at this stage. Flow token price chart. Source: CoinMarketCap Trading data underscores the immediate market reaction. As of December 27, 2025, FLOW trades at $0.11, a steep decline from its recent $0.17 level and a far cry from its all-time high of $42. Over the past 90 days, the token has shed 69.84%, with recent volume spiking to $164.12 million, according to CoinMarketCap data. This volatility highlights the…
Filed under: News - @ December 28, 2025 1:29 am