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Flow suffers a hacker attack, $3.9 million worth of assets transferred, official initiates protocol repair and fund freeze procedures
【Blockchain Rhythm】Flow blockchain experienced a serious security incident in late December. The attacker successfully exploited a vulnerability in the Flow execution layer and transferred approximately $3.9 million worth of assets before the network was shut down. Fortunately, this attack did not involve users’ existing balances, and all deposits remain secure.
According to tracking data, the stolen $3.9 million was mainly transferred out through cross-chain bridges such as Celer, Debridge, Relay, and Stargate. Security agencies have successfully identified and marked the attacker’s wallet and are monitoring its money laundering activities in real-time via Thorchain and Chainflip. The Flow Foundation promptly took action by submitting emergency freeze requests to stablecoin issuers like Circle and Tether, as well as major mainstream trading platforms, in an attempt to prevent further fund transfers.
From a technical perspective, the Flow team has completed and officially released a fix for this vulnerability. Currently, node operators are actively coordinating the deployment of this upgrade to restore the network’s secure operation as soon as possible.