Flow Foundation is assessing a potential security incident that could affect the Flow network. The engineering team is actively coordinating with network partners to implement risk mitigation measures and an incident response plan. Officials said verification is ongoing and that additional updates will be issued promptly as facts are confirmed.
From a market perspective, the FLOW token posted significant intraday volatility, with a flash crash wiping out more than 45% of its value at one point and trading around $0.099. Traders should monitor official disclosures for credibility checks and the status of the Flow network, as liquidity conditions and risk sentiment can influence near-term price action in the DeFi ecosystem.
Source: https://en.coinotag.com/breakingnews/flow-price-slumps-45-as-flow-foundation-probes-potential-security-incident-affecting-the-flow-network
