Binance Incident Update on Flow (FLOW) Network Security Incident: Hacker's Remaining Funds Frozen on the Platform, Project Team Urged to Disclose Post-Incident Report

BlockBeats News, December 31, Binance has released an update on the Flow (FLOW) network security incident: On December 27, 2025, the Flow (FLOW) network experienced a serious security vulnerability incident, where hackers exploited a system flaw to mint a large amount of tokens. Upon learning of this incident, Binance took immediate action, and the team has successfully tracked and frozen the remaining funds of the hacker on the Binance platform to minimize losses and protect the interests of Flow token holders.

Regarding this incident and the ongoing communication between Binance and the Flow project team, the following points are especially noted:

· Despite Binance proactively contacting the Flow project team multiple times and offering support, the project team has not engaged in any substantive communication or collaboration since the incident occurred.

· If the project team decides to pursue an independent on-chain recovery solution to address this hack, it is imperative to exclude addresses of major centralized exchanges (CEX), including the Binance wallet, as users affected from different CEX platforms have already received appropriate compensation.

· Urging the Flow project team to release a detailed post-mortem report, clearly explaining the root cause of this security incident and outlining what measures will be taken in the future to prevent a similar incident from happening again. If needed, Binance is also willing to provide security support to help strengthen the defense capabilities of the Flow ecosystem.