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Benjamin Njiri

Flow Network adopts "isolated recovery" plan after $3.9 million hack and 40% FLOW price drop

Flow Network has moved forward with an "isolated recovery" strategy after a $3.9 million exploit, abandoning its earlier full-chain rollback proposal due to pushback from partners and exchanges. Validator consensus on a software upgrade has been reached and testing is underway, with a phase 1 deployment to restore wider chain operations and restrict addresses allegedly tied to the hack once tests conclude. Following the breach, the FLOW token fell over 40% to $0.1.
FLOW
FLOW-4.12%
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