Flow exploit drains $3.9 million and sends FLOW price down 46% to new low

On 27 December, the Flow Foundation said an attacker abused a flaw in Flow's execution layer and removed $3.9 million from the network, routing funds through multiple bridges and mixers. FLOW's price then slumped 46% from $0.17 to $0.097 before rebounding, while trading data showed heavy selling and a sharp drop in market capitalization.