Network Halts Transactions for Post-Attack Repairs
Following a "poisoning attack," the Flow network has entered a controlled repair and testing phase after validators reached consensus to implement a new software upgrade. While the network has successfully resumed block production, a key sign of foundational stability, all general transactions remain temporarily paused. This deliberate halt allows developers to conduct necessary repairs and diagnostics without exposing the ecosystem to further risk. The move demonstrates a coordinated response to the security incident, prioritizing network integrity over immediate operational continuity.
Phased Recovery Set to Begin at 06:00 UTC-7
The network will begin a carefully structured, phased recovery starting at 6 AM Pacific Time (06:00 UTC-7). The initial step involves restarting the Cadence smart contract programming environment. For investors, this period is critical. A smooth and rapid restoration of full functionality could bolster confidence in the Flow ecosystem's resilience, potentially supporting the FLOW token's value. Conversely, any delays, complications, or the discovery of additional vulnerabilities during this testing phase could damage user trust and trigger negative price action.
