Recently, the Flow blockchain network experienced a severe protocol-level vulnerability attack. The attacker exploited this vulnerability to unauthorizedly mint and circulate a large amount of FLOW tokens, directly impacting network stability and market order.
Huobi HTX responded to this crisis immediately, not only assisting the Flow team with on-chain tracking and risk control but also implementing freezing measures on all identifiable hacker-related assets. As a mainstream trading platform, HTX's prompt intervention in such sudden security incidents has, to some extent, mitigated the impact of a large influx of illegal FLOW into the market.
This incident has once again exposed systemic risks at the public chain level. Although the quick response from exchanges and project teams has been helpful, fundamentally, the existence of protocol vulnerabilities means that all participants in the ecosystem are in a passive defensive position. The Flow project team needs to complete vulnerability fixes and network recovery as soon as possible, while also establishing more rigorous security audit procedures. For users holding FLOW, this type of event also serves as a reminder to evaluate the project's technical security more carefully.
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gas_fee_therapist
· 14h ago
Flow really failed this time; even the protocol layer was leaked. How can we trust it now?
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GasGasGasBro
· 01-13 12:21
Flow has been exploited again, this is still the old problem, audits are essentially useless.
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GasFeeCrier
· 01-13 12:19
Another protocol vulnerability, is it Flow's turn this time? It's always patching after the fact, really getting on my nerves.
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SeeYouInFourYears
· 01-13 12:13
Another vulnerability, another minting. Are these public chains really just racing to see who gets exploited first?
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GateUser-e51e87c7
· 01-13 12:13
Flow is hilarious again. How can it be attacked like this? What about the audit?
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RektButSmiling
· 01-13 12:10
Here it comes again, public chain vulnerabilities are really a common occurrence.
HTX responded quickly, but that doesn't change the inherent issues with Flow. No matter how much is frozen, it's just a patch for a leaking boat.
I mean, if the protocol layer can have such major vulnerabilities, who would dare to hold large positions?
FLOW holders must be feeling so exhausted right now.
I've said it before, if the audit isn't solid, you have to suffer these losses.
Wait, how many coins were actually minted this time? Is there any data?
They promised safety first, but every time it's up to the exchanges to put out the fires.
Public chains with more users are actually riskier? Feels like confidence has been completely shattered.
Liquidity is frozen, and users are forced to wait again, heartbroken.
Fortunately, HTX cut losses in time, or FLOW would really be finished.
If this recovery doesn't go well, the Flow ecosystem might be half dead.
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StakoorNeverSleeps
· 01-13 12:08
Once again, a major failure. This time, Flow really got called out, and the protocol layer has such a big loophole.
HTX responded quickly, which is commendable, but the fundamental issue still needs to be fixed by themselves.
Friends holding positions, this is a hard lesson learned...
Betting big on major projects is really too risky.
Can the Flow team survive this time? It seems like fixing it will be very difficult.
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StakeHouseDirector
· 01-13 12:01
Another vulnerability and hacker incident. It really feels like these public chains should seriously reflect on themselves.
Recently, the Flow blockchain network experienced a severe protocol-level vulnerability attack. The attacker exploited this vulnerability to unauthorizedly mint and circulate a large amount of FLOW tokens, directly impacting network stability and market order.
Huobi HTX responded to this crisis immediately, not only assisting the Flow team with on-chain tracking and risk control but also implementing freezing measures on all identifiable hacker-related assets. As a mainstream trading platform, HTX's prompt intervention in such sudden security incidents has, to some extent, mitigated the impact of a large influx of illegal FLOW into the market.
This incident has once again exposed systemic risks at the public chain level. Although the quick response from exchanges and project teams has been helpful, fundamentally, the existence of protocol vulnerabilities means that all participants in the ecosystem are in a passive defensive position. The Flow project team needs to complete vulnerability fixes and network recovery as soon as possible, while also establishing more rigorous security audit procedures. For users holding FLOW, this type of event also serves as a reminder to evaluate the project's technical security more carefully.