FLOW has recently experienced a noticeable surge with a short-term increase of 3.2% within 5 minutes. Behind this movement, there are actually two important events supporting it.
Let's first talk about what happened. The Flow blockchain encountered a vulnerability exploit from the execution layer between the night of December 26 and the early morning of December 27, resulting in approximately $3.9 million worth of assets being transferred out. It sounds quite serious, but the project team responded very quickly—immediately halting the network, releasing a protocol fix patch, and node operators began urgent upgrades. The network has already rolled back to the checkpoint before the attack (Cadence: 137363395, EVM: 51358233), indicating they have a mature emergency response plan.
More importantly, the official stance is clear. They confirmed one point: all existing user balances are completely unaffected, and funds are secure and safe. This is a reassurance for the community, preventing a panic run scenario, and paving the way for subsequent ecosystem recovery.
From the market performance perspective, this rapid response seems to have gained market recognition. Starting from a trigger price of 0.1290, it rose 3.2% in 5 minutes, reached 4.88% in 15 minutes, 5.74% in 30 minutes, broke 7.5% in 1 hour, and hit 10.26% in 4 hours. Although technical vulnerabilities are not good news in themselves, a project's response at critical moments often more directly reflects its governance level and user trust.
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ContractFreelancer
· 12-28 02:53
This reaction speed is indeed real, unlike some projects that run away after issues
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Wait, is this praise or criticism? It feels a bit strange
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390 million gone but still rising? The community really believes in this
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Wow, the crisis public relations are well done, at least it didn't trigger a run on the bank
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To put it simply, quick stop-loss is more effective than anything else, the market eats this up
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The rollback mechanism looks quite professional, but I still want to see if there are any real audit reports afterward
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Such a rapid increase, who believes it's because of quick response? Most likely it's the whales protecting the market
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Alright, better than those projects that pretend to be dead, at least they dare to admit the vulnerabilities
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A reassuring pill? To me, it looks more like an opportunity for big players to offload
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Once such an incident occurs, it's time to consider withdrawing
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MEVSandwichMaker
· 12-28 02:53
Alright, this round of operations indeed saved the market, the response was quick enough.
Flow handled it quite well this time, avoiding the sense of a dead end in the crypto space.
390 million USD was lost, but user funds remained untouched; the attention to detail was excellent.
By the way, this is what true trust crisis management looks like. Why can't other projects do the same?
A 10% increase is reasonable; it's not as exaggerated as you said.
Fast speed ≠ technical excellence; we also need to see if subsequent patches are reliable.
The nodes cooperating so well is a bit suspicious; could it be... never mind.
With this level of response, they are definitely much better than some projects.
View OriginalReply0
ApeEscapeArtist
· 12-28 02:51
Hey, this response speed is really good. Fix it directly without panic—that's the way it should be.
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DogeBachelor
· 12-28 02:47
3.9 million USD hacked but still up 10%? That's some impressive move.
Honestly, I'm a bit convinced. The reaction speed is indeed tough, unlike some projects that get directly socially destroyed.
View OriginalReply0
4am_degen
· 12-28 02:42
Oh wow, quick response is a signal. This move indeed helped regain some trust.
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Losing $3.9 million and still able to stabilize the community, honestly, this attitude is tough.
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I just want to know why some people always like to dump during a crisis. I really can't understand the logic.
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Rapid repair + transparent communication, this is the level of project I want to see.
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The 10% increase is probably a reward for emergency handling, reasonable.
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What do you guys who still have doubts say now?
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The key is that user funds haven't moved. Honestly, this eased many of my concerns.
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The vulnerability itself isn't scary; what’s scary is the project team playing hide and seek. Flow didn't disappoint me this time.
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From panic to rebound in just a few hours, the market is just so realistic.
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Feels more professional than some well-known projects' crisis management. Not bragging.
FLOW has recently experienced a noticeable surge with a short-term increase of 3.2% within 5 minutes. Behind this movement, there are actually two important events supporting it.
Let's first talk about what happened. The Flow blockchain encountered a vulnerability exploit from the execution layer between the night of December 26 and the early morning of December 27, resulting in approximately $3.9 million worth of assets being transferred out. It sounds quite serious, but the project team responded very quickly—immediately halting the network, releasing a protocol fix patch, and node operators began urgent upgrades. The network has already rolled back to the checkpoint before the attack (Cadence: 137363395, EVM: 51358233), indicating they have a mature emergency response plan.
More importantly, the official stance is clear. They confirmed one point: all existing user balances are completely unaffected, and funds are secure and safe. This is a reassurance for the community, preventing a panic run scenario, and paving the way for subsequent ecosystem recovery.
From the market performance perspective, this rapid response seems to have gained market recognition. Starting from a trigger price of 0.1290, it rose 3.2% in 5 minutes, reached 4.88% in 15 minutes, 5.74% in 30 minutes, broke 7.5% in 1 hour, and hit 10.26% in 4 hours. Although technical vulnerabilities are not good news in themselves, a project's response at critical moments often more directly reflects its governance level and user trust.