TLDR:
- HTX confirms all FLOW assets remained intact during the Flow network incident and verification process
- Flow developers patched the vulnerability responsible for abnormal transactions on December 27
- HTX restored FLOW trading, deposits, and withdrawals after verifying network stability
- Exchange removed its January notice following Flow’s detailed post-incident security report
Flow blockchain’s December security incident has reached a full resolution after coordination between the network and major exchange HTX.
The update confirms the vulnerability responsible for abnormal transactions has been patched and network operations restored. HTX also verified that all user-held FLOW tokens on its platform remain intact.
Trading, deposits, and withdrawals for the token have resumed normal operations.
Flow Network Incident Resolved as HTX Confirms Normal Operations
The Flow ecosystem shared an update confirming that the issue reported on December 27 has been fully resolved. The incident involved abnormal transactions triggered by a technical vulnerability on the network.
HTX activated internal emergency procedures once it detected the event. The exchange maintained communication with Flow ecosystem partners while monitoring the situation.
The latest update indicates that developers patched the vulnerability and restored normal network activity. The Flow team also identified and addressed abnormal minted assets during the review process.
Flow stated that ecosystem services have stabilized after the corrective actions. Network operations now function normally across supported platforms.
HTX verified user asset balances during the investigation period. The exchange reported that all FLOW tokens held by customers remain fully validated.
HTX Restores FLOW Trading, Deposits, and Withdrawals
HTX confirmed that FLOW trading resumed after reviewing the network’s recovery. Deposits and withdrawals for the token now operate without restrictions.
The exchange initially issued a notice about the incident on January 13. That notice questioned the security status of the Flow network at the time.
HTX later removed the notice after reviewing the Flow Foundation’s post-incident report. According to HTX, the report provided detailed explanations addressing earlier concerns.
The exchange stated that the new information clarified how developers handled the vulnerability. It also confirmed that the response restored stability across the network.
Flow Foundation acknowledged the collaboration between both organizations during the investigation period. The foundation stated it expects continued cooperation with HTX moving forward.
HTX reiterated that user asset security remains its top priority. The exchange said it will continue monitoring supported networks and working with ecosystem partners.
The update confirms the incident no longer affects current operations. FLOW trading infrastructure across HTX now runs under normal conditions.
The post Flow Network Incident Resolved as HTX Restores Full FLOW Services appeared first on Blockonomi.
Source: https://blockonomi.com/flow-network-incident-resolved-as-htx-restores-full-flow-services/