PANews reported on January 2nd that the Flow Foundation updated the progress of the remediation efforts following the vulnerability incident. The Flow core development team has found a solution to restore EVM functionality while the Cadence remediation work is underway, and the EVM network is expected to be back online within 24 hours. Currently, the second phase (Cadence) and the third phase (EVM) of the remediation are proceeding in parallel, followed by the fourth phase restoring bridging and exchange functionality.
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