As reported by Biji.com, Upbit, a major South Korean cryptocurrency exchange, issued a warning regarding Flow (FLOW) due to potential security concerns on the network. The Flow Foundation is currently investigating a possible security incident that may impact the network, and Upbit is assessing the situation, with potential measures including trading restrictions. FLOW's price dropped sharply from above $0.17 to around $0.10, hitting its lowest level since launch, according to CoinGecko.
Upbit Issues Flow (FLOW) Price Drop Warning Amid Security Concerns
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Summary
Upbit has sounded the alarm on Flow (FLOW), a key altcoin to watch, as the exchange warns of possible security issues on the network. The Flow Foundation is looking into a potential breach, while Upbit evaluates whether to impose trading limits. FLOW’s crypto price fell sharply, dropping from over $0.17 to about $0.10, marking its lowest point since launch, per CoinGecko.
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