# Flow

The #Flow Foundation is currently investigating a potential security incident affecting the Flow network.

CRITICAL ALERT for Crypto Users!*
The *Flow Network* is facing a serious internal conflict after a major security incident. 🔐
Key infrastructure partner *deBridge* has publicly criticized Flow’s response, warning of systemic risks due to a rushed rollback attempt.
📉 This comes after a *30-40% crash* and exchange suspensions.
✅ At *Gate.io*, we prioritize transparency, user protection, and responsible response to network threats.
🔥 Stay informed, stay safe, and trade smart on *Gate.io* — your trusted platform in times of market uncertainty.
#FLOW #Blockchain #BTC #XRP #MarketUpdate

#FLOW Flow: A hacker stole approximately $3.9 million, mainly through bridges (Celer, Debridge, Relay, Stargate), and then laundered the funds via Thorchain/Chainflip. The attack did not affect existing user balances.

#FLOW Co-founder of DeBridge: deBridge, being one of the main bridge providers for Flow, did not receive any notifications or coordination from the Flow team, which could pose a significant risk. The economic damage from a rushed network rollback could be much greater than from the initial hack, and a rollback would lead to systemic issues affecting honest bridges, custodians, users, and counterparties during the window of impact.
Also, he called on all Flow validators to cease transaction validation on the rolled-back network until a compensation plan is clarified, coordination with ecosyste

#FLOW Flow Foundation rolled back the mainnet update to v28 (before the security incident) to remove unauthorized transactions from the ledger.

#FLOW Now it's about whether we can investigate and fix the cybersecurity issues. If the issues can be repaired quickly, it is estimated to rise to $2; otherwise, it may continue to decline.

#FLOW The spot bought last night, thinking it was almost the historical bottom, damn it didn't expect it could go even lower.

#FLOW Similar to this kind of coin that experiences black swan events, none have recovered; they will only become more trash.