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Flow Mainnet currently has security vulnerabilities, Upbit urgently suspends deposits and withdrawals, and Korean exchanges jointly issue a risk warning
【Blockchain Rhythm】Signs of security issues have appeared on the Flow mainnet, triggering a coordinated response from exchanges.
Upbit announced an emergency measure on December 27: suspending deposits and withdrawals of FLOW tokens. The exchange characterized this move as a user protection measure, with the recovery time to be determined. Meanwhile, the Korea Digital Asset Exchange Alliance (DAXA) also couldn’t sit still — on the same day, they issued a “Trading Risk Warning” for FLOW.
DAXA confirmed the security vulnerabilities of the Flow mainnet and stated that subsequent actions could be flexible and variable. Depending on the progress of the security investigation, measures such as designating trading alerts for FLOW or even terminating trading support are not ruled out. This series of actions indicates a serious attitude within the industry regarding this mainnet malfunction. For FLOW holders, it is important to closely monitor official information and await further platform notices.