The FLOW team has just issued an official statement regarding tonight's sharp decline, and the situation is more serious than expected. Tonight, $FLOW price suddenly plummeted from $0.173 to $0.079, more than halved. The direct trigger was the core wallet within the ecosystem, Blocto Wallet, announcing it will close on December 18 due to a loss of $5.5 million. The team is currently publicly claiming that they are "investigating a security incident," but South Korea's largest exchange Upbit
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The FLOW team has just issued an official statement regarding tonight's sharp decline, and the situation is more serious than expected. Tonight, $FLOW price suddenly plummeted from $0.173 to $0.079, more than halved. The direct trigger was the core wallet within the ecosystem, Blocto Wallet, announcing it will close on December 18 due to a loss of $5.5 million. The team is currently publicly claiming that they are "investigating a security incident," but South Korea's largest exchange Upbit