Binance has removed the FLOW/BTC trading pair and flagged the FLOW token after the Flow Foundation disclosed a $3.9 million exploit. The exchange said the moves follow the project’s security incident and are precautionary for users.
Flow has moved into “phase two” of its recovery on EVM after a $3.9 million exploit, abandoning a prior rollback proposal. The team says the new approach accelerates restoration but signals elevated risks for exchanges and custodians.
Flow said it is investigating a possible security incident affecting its network, and the news sent the FLOW token lower as traders reacted. The probe raises fresh questions about the platform’s security and the safety of NFT projects built on Flow.