Flow: Coordinating with key infrastructure partners to determine the best restart plan

Flow blockchain encountered a security vulnerability attack, resulting in approximately $3.9 million in assets being transferred out of the network, prompting validators to execute a coordinated pause.

The Flow Foundation is currently working closely with validators, core developers, and ecosystem partners to formulate a network recovery plan. The official confirmation states that user funds have not been affected, and technical repair steps are being validated.

The ecosystem coordination phase is expected to be completed within 2-3 hours, with the next status update to be released at 6 PM Pacific Time on December 29. The foundation stated that the extension of the coordination time is to ensure the network can resume operation in a stable and orderly manner.