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The #Flow Foundation is currently investigating a potential security incident affecting the Flow network.
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SkyAndSpaceSupremeGodI
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The damn fees keep changing all the time.:View More
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TomMadeALotOfMoney:
Damn, private keys can be leaked? How bad is that, no wonder it dropped forty points directly. :---
Liquidity exhaustion is the real death knell; if no one takes the other side, the price is just being pushed down to death.
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When a Korean exchange suspends deposits and withdrawals, the entire market dies. I really can't understand this move.
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Losing four million is gone, but a forty percent drop definitely isn't the bottom; there are still people to cut in the future.
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I've never heard of a passive liquidity crisis before, but it sounds really hopeless...
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Wait, how did the private keys get leaked? Is Flow's security audit a joke?
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That's why I never keep coins on small exchanges; a suspension of deposits and withdrawals can wipe out the entire market.
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A 40% drop sounds scary, but compared to the feeling of no one taking the other side, the numbers are actually less terrifying.
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