$FLOW Network Security Incident Update
Flow Network experienced a significant security breach on December 27, 2025, resulting in a $3.9 million exploit. Hackers took advantage of a vulnerability in Flow's execution layer, minting and distributing fraudulent tokens across multiple bridges.
Key Updates:
Phase 2 Recovery: Flow has entered phase two of its recovery plan, focusing on restoring Ethereum Virtual Machine (EVM) functionality and removing illicit tokens.
Account Restoration: 99.9% of accounts are restored, with remaining accounts undergoing verification.
EVM Functionality*: Expected to be restored within 24 hours.
Token Price: FLOW token dropped 42% to $0.102, with market cap at $165 million.
Binance's Response*: Binance froze the hacker's remaining funds and urged Flow to provide a detailed post-mortem report. ¹ ²
#BinanceAlphaAlert #WriteToEarnUpgrade #BTCVSGOLD #BinanceHODLerTURTLE