Upbit suspends deposits and withdrawals for FLOW; DAXA issues a transaction risk warning for FLOW.
TL;DR
Upbit has temporarily suspended FLOW deposits and withdrawals due to security concerns on the Flow mainnet, while DAXA issued a trading risk warning and may take further actions based on investigation results.
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According to ChainCatcher, South Korean cryptocurrency exchange Upbit announced that due to signs of a security incident on the Flow (FLOW) mainnet, deposits and withdrawals for FLOW have been temporarily suspended starting December 27th as a user protection measure. The resumption time will be announced separately.
On the same day, the Korea Digital Asset Exchange Consortium (DAXA) issued a "trading risk warning" for FLOW. DAXA stated that it has confirmed signs of security issues on the Flow mainnet and will not rule out taking further measures, such as designating it as a trading risky target or terminating trading support, depending on the progress of the investigation.