Particle.news
Download on the App Store

Flow Probes Potential Network Incident as FLOW Plunges and Exchanges Tighten Controls

Price weakness near $0.10 reflects exchange warnings alongside an ongoing technical review.

Overview

  • The Flow Foundation said it is investigating a potential security incident on the mainnet and is coordinating mitigation with network partners.
  • FLOW fell roughly 42% from about $0.17 to lows near $0.079 before consolidating around $0.10, according to market data.
  • Upbit issued a caution advisory and DAXA posted a trading risk warning, and reports indicate Upbit and Bithumb paused deposits and withdrawals.
  • Engineers are reviewing transaction ingestion failures and possible vulnerabilities, while some coverage notes unverified external factors such as a recent AWS outage.
  • AMBCrypto reported an alleged $3.9 million exploit and exit-path halts, claims not corroborated by the foundation or other outlets.