The post Upbit Suspends FLOW Transactions Amid Security Concerns appeared on BitcoinEthereumNews.com. Key Points: Security issue detected on Flow mainnet causingThe post Upbit Suspends FLOW Transactions Amid Security Concerns appeared on BitcoinEthereumNews.com. Key Points: Security issue detected on Flow mainnet causing

Upbit Suspends FLOW Transactions Amid Security Concerns

Key Points:
  • Security issue detected on Flow mainnet causing transaction halt.
  • Upbit suspends FLOW transactions for user protection.
  • Market saw a 40% drop in FLOW’s value post-announcement.

Upbit, a major South Korean cryptocurrency exchange, suspended Flow (FLOW) transactions on December 27 following security incident signs, prompting DAXA to issue a trading risk warning.

The incident raises concerns about Flow’s network integrity, causing FLOW to drop by 40%. DAXA’s warning may lead to further trading restrictions, impacting investors and market stability.

Upbit Halts FLOW: Security Breach and Market Shock

Upbit announced a suspension on FLOW token deposits and withdrawals due to potential security breaches on the Flow mainnet.

The Digital Asset Exchange Association (DAXA) also issued a trading risk warning, stating the ongoing investigation might lead to further actions, including trading support termination.

Market analysts observed noticeable reactions, with Flow Foundation deploying a security patch to mitigate the impact while key exchanges immediately responded to potential risks. The Foundation’s investigation continues, hinting at robust community engagement amid the incident.

Historical Price Drop: FLOW Dips to $0.10

Did you know? The Flow price drop to $0.10 marks its lowest since inception, resembling WEMIX’s market exit due to security ambiguities, highlighting a consistent pattern of market sensitivity to such announcements.

According to CoinMarketCap, Flow (FLOW) currently trades at $0.12 with a market cap of $196.41 million, showing a sharp 16.63% 24-hour drop, and a weekly decline of 30.23%. FLOW’s trade volume reached $182.41 million, underscoring volatile market interest following recent events. The circulating supply includes 1,629,605,139 tokens.

Flow(FLOW), daily chart, screenshot on CoinMarketCap at 13:17 UTC on December 28, 2025. Source: CoinMarketCap

Insights from the Coincu research team suggest the potential for regulatory scrutiny might increase as more exchanges join Upbit’s approach in preemptive suspension. Historical trends indicate tech improvements can stabilize value post-restoration; however, user trust recovery remains key for long-term integrity.

Source: https://coincu.com/news/upbit-suspends-flow-transactions-security/

Market Opportunity
FLOW Logo
FLOW Price(FLOW)
$0,1087
$0,1087$0,1087
-%1,09
USD
FLOW (FLOW) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX presale hits $7.5M with tokens at $0.024 and 30% bonus code BLOCK30, while Solana holds $243 and Avalanche builds a $1B treasury to attract institutions.
Share
Blockchainreporter2025/09/18 01:07
XRP Price Prediction: XRP to Soar as This Top Crypto Under $0.05 Eyes 5000% Rally

XRP Price Prediction: XRP to Soar as This Top Crypto Under $0.05 Eyes 5000% Rally

While the sentiment grows with regard to a possible positive breakout in the XRP pricing, expert investors continue to turn their attention to the best cryptocurrency
Share
Cryptopolitan2025/12/29 01:30