Urgent: FLOW Token Plummets Amid Security
Concerns
The FLOW token is experiencing a massive crash today, dropping over 42% from $0.17 to a low of $0.079. The market is reacting sharply to emerging technical risks.
Key Updates:
Security Incident: The Flow Foundation has officially announced an investigation into a potential security breach affecting the network.
Exchange Suspension: Major Korean exchanges, Upbit and Bithumb, have immediately halted all FLOW deposits and withdrawals.
Risk Warning: The Digital Asset Exchange Association (DAXA) has issued a formal "trading risk warning," signaling high volatility and uncertainty.
Current Status: Price is struggling to hold near $0.1. Extreme caution is advised until the foundation clarifies the root cause of the incident.
Personal note to add: "Seeing a 40% drop in hours is a classic reminder of how fast things move when 'network security' is questioned. Personally, I’m staying on the sidelines until we get a green light from the dev team. Capital preservation first.
