FLOW mainnet security incident occurs, Upbit urgently suspends deposits and withdrawals, DAXA issues trading risk warning

OnChainDetective · 2025-12-27T13:40:10+00:00

FLOW tokens have recently been suspended from deposit and withdrawal services on the Upbit trading platform in South Korea due to security risks on the mainnet. The Korea Digital Asset Exchange Alliance (DAXA) confirmed the existence of vulnerabilities and issued a trading risk warning, indicating that stricter measures may be taken. Users should stay updated on subsequent developments.

OnChainDetective

2025-12-27 13:40:10

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【Crypto World】Recently, there was an incident with the FLOW token. On December 27th, Korea’s leading trading platform Upbit officially issued an emergency notice — the Flow mainnet detected signs of security risks, and decided to suspend FLOW deposits and withdrawals from now on, with specific recovery times to be announced later. This is a temporary emergency measure to protect users.

On the same day, the Korea Digital Asset Exchange Alliance (DAXA) also issued a statement. They confirmed that the Flow mainnet indeed has security vulnerabilities and issued a “Trading Risk Warning.” DAXA also stated that, depending on the progress of the investigation into the security incident, they may implement stricter measures for FLOW — including trading alerts and even halting trading support.

It seems that the mainnet issue this time is quite serious, and we have to wait for an official fix. Friends holding or planning to trade FLOW should pay close attention to subsequent notifications.

FLOW-11,22%

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