Binance Delists FLOW/BTC, Flags Token After $3.9M Exploit
Binance announced it has delisted the FLOW/BTC pair and flagged the FLOW token after the Flow Foundation informed users of a roughly $3.9 million exploit. The exchange framed the actions as protective steps while investigations proceed, and trading availability for other pairs may be adjusted depending on further findings.
The delisting tightens liquidity for FLOW and raises short-term price and withdrawal risks for holders; it also signals how major venues respond quickly to protocol-level incidents. Market participants should watch official updates from the Flow Foundation and Binance for details on remediation, potential reimbursements, and when trading or pairs might be reinstated.