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Upbit issues caution advisory on L1 Flow after price drops sharply amid security concerns

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Key Takeaways

  • The Move Basis is investigating a possible safety breach affecting its community.
  • Main Korean crypto change, Upbit, issued a cautionary advisory concerning the FLOW token following the incident.

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Crypto change Upbit on Saturday issued a warning advisory for Move (FLOW), the layer 1 blockchain developed by Dapper Labs, after the venture flagged a possible safety incident affecting its mainnet.

The Move Basis, together with its engineering groups and community companions, is investigating and addressing the problem, based on their newest replace.

The Move Basis is at the moment investigating a possible safety incident affecting the Move community.

Our engineering groups are actively collaborating with community companions to mitigate the problem. We’ll present additional, verified updates as quickly as they’re obtainable.

— Move.com (@flow_blockchain) December 27, 2025

Upbit mentioned the scenario is below evaluation and the change could take protecting measures, together with warnings, buying and selling restrictions, or ending assist if obligatory. Customers holding FLOW are urged to be cautious.

The announcement follows a pointy selloff in FLOW earlier immediately. The asset fell from greater than $0.17 to about $0.1, its lowest degree since launch, based on knowledge from CoinGecko. FLOW as soon as traded as excessive as $42 at its peak.

In the meantime, the crypto market continues to battle, with Bitcoin nonetheless unable to reclaim the $90,000 mark. Analysts stay cautious and see restricted upside within the close to time period.





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Tags: advisoryCautionconcernsDropsFlowissuesPriceSecuritysharplyUpbit
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