2025-12-27 18:22:57

FLOW ecosystem suffers a major blow, and the official team will make an announcement tonight regarding this matter.

The chain of events is quite clear: $FLOW price plummeted today, dropping from $0.173 to $0.079 in an instant, a decline of over 50%. There is a clear trigger behind this sudden crash—the key infrastructure within the ecosystem, Blocto Wallet, suffered a massive loss of $5.5 million and has announced it will officially shut down operations on December 18.

In response, the FLOW team’s current official statement is "investigating the security incident." However, given the urgency of the wallet’s sudden closure, the severity of this risk seems to have exceeded market expectations.

As the infrastructure of the ecosystem, the closure of the wallet will have a chain reaction affecting user asset management and ecosystem application access. This incident also serves as a wake-up call for the entire ecosystem—risk management and transparent communication of underlying tools are equally critical. The market is closely watching the results of the FLOW team’s investigation and their subsequent measures.

FLOW-27,7%

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CryptoSurvivor

· 8h ago

Another ecosystem has collapsed, and $5.5 million is gone just like that? I wonder how this wallet was managed.. --- A 50% flash crash, and the wallet still needs to be shut down. That operation is really impressive haha. --- The FLOW team is probably working overtime now to check the code. "Investigating security incidents" sounds just ridiculous. --- The underlying infrastructure has collapsed. To put it simply, no one took the risks seriously. Now that something has happened, everyone regrets it. --- I just want to know when that $5.5 million will be recovered, or if this is just another unfinished story. --- Blocto is shutting down, and FLOW's user experience has immediately plummeted to negative scores. This is going to be interesting.

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WenMoon

· 8h ago

5.5 million directly lost. How can this wallet be so unreliable? --- Another security incident, and it's still under investigation. Saying nothing would be the same. --- Blocto said it would shut down, who would dare to use it? Confidence in the ecosystem has collapsed. --- A 50% plunge and flash crash—truly incredible. Is this the sign of a downfall? --- When the underlying tools have issues, the ecosystem is doomed. This lesson is deeply learned. --- What is the official investigation even about? Hurry up and release an emergency plan. --- It feels like FLOW is being pushed into the cold storage. Who still has confidence in it? --- Wallet shut down like a run, users lose everything—ridiculous. --- Even the infrastructure isn't secure. I really can't understand this ecosystem.

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BearEatsAll

· 8h ago

$5.5 million evaporated directly. The wallet was closed so suddenly, it feels like something was definitely hidden earlier. --- Flow is back at it again. I really can't hold it together anymore. The infrastructure has collapsed; how can the ecosystem continue to play? --- Wait, the official says they are investigating a security incident? That term is a bit too light. Can't they just say it was hacked? --- 50% drop, hilarious. Is this what they call risk management for underlying tools? Who believes that? --- What will happen to user assets after Blocto shut down? That should be the most concerning issue. --- This kind of situation depends on how they handle the follow-up. Otherwise, the entire Flow ecosystem will be finished. --- $5.5 million, brother. That's no small amount. How could they be so unprepared?

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ChainSpy

· 8h ago

Another investigation into a security incident. How many times have we heard this excuse... Can the $5.5 million hole be plugged? --- Blocto says it's shut down just like that. The pace is a bit too quick, it feels more frightening than the incident itself. --- A 50% drop, infrastructure directly destroyed. What is FLOW playing at? --- When the underlying tools have issues, the entire ecosystem is on the brink of collapse. Why are people still daring to jump in? --- Close monitoring? Even at this point, still observing. Might as well just look at the next ecosystem collapse scene. --- Someone was just telling me about FLOW's prospects yesterday, and today it's like this... Alright, Web3 is always full of surprises. --- A wallet being hacked is what truly constitutes a "security incident." The term is used quite deliberately.

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