Flow Foundation Fights Korean Delisting After Binance Clears Crypto Security Fears

bitcoinistPublicado em 2026-03-10Última atualização em 2026-03-10

Resumo

Flow Foundation and Dapper Labs have filed a motion with the Seoul Central District Court to halt the planned delisting of FLOW on major South Korean exchanges Upbit, Bithumb, and Coinone. The delisting followed a December protocol-level exploit that allowed the minting of duplicate tokens, though no user funds were lost. While global exchanges like Binance, Coinbase, and Kraken have since reviewed and fully restored FLOW trading—with Binance removing its monitoring tag—Korean platforms maintained heightened scrutiny. Flow expressed gratitude for the Korean community’s support and emphasized its commitment to the market through legal action, potential new listings, and ecosystem development. Despite regulatory challenges, Flow’s network continues to attract major partners like Disney and the NBA, with strong consumer adoption and NFT distribution.

Flow Foundation is asking a Seoul court to halt the delisting of FLOW on South Korea’s biggest crypto exchanges.

FLOW Fights Back

In an announcement made on March 8, Flow Foundation and Dapper Labs (a venture‐backed Web3 company best known for creating CryptoKitties, NBA Top Shot and other major NFT products) have revealed that they filed a motion with the Seoul Central District Court to suspend the planned termination of FLOW trading on Upbit, Bithumb and Coinone.

Crypto Security Fears

On Dec. 27, Flow suffered a protocol‐level exploit that allowed an attacker to mint roughly 3.9 million duplicate tokens, triggering an emergency halt. Initial recovery proposals included a full chain rollback, which drew pushback from partners over double balances and bridge losses; the team pivoted to an “isolated recovery” that targeted and destroyed only the counterfeit tokens.

Despite no user funds on exchanges were ultimately lost, Korean platforms kept FLOW under heightened scrutiny. Upbit, Bithumb and Coinone announced on Feb. 12 that they would end trading support for FLOW on March 16, citing the December protocol-level exploit.

Security Concerns Are Now Resolved

However, every major global venue, including Binance, Coinbase, Kraken and HTX, have now independently reviewed the incident and fully restored FLOW trading, with Binance even removing its monitoring tag after a joint resolution on March 6. This confirms, according to Flow Foundation and Binance itself, that “all issues related to the security incident have been resolved”.

“A Commitment To Korea”

In Korea, Korbit (one of South Korea’s oldest regulated cryptocurrency exchanges, focused on KRW spot trading for major coins and retail users) conducted its own review, Korbit removed a trading-caution label on Feb. 27, and continues to support unrestricted FLOW trading. Flow Foundation expressed its special gratitude towards his Korean community continued support:

The Foundation recognizes the uncertainty the Korean community has faced since February, and is grateful for the patience and support of Korean holders through this process

The filing of the motion with the Seoul Central District Court is a step that “reflects the responsibility of the Foundation to advocate for the Korean community using every available pathway”, Flow Foundation claims. The Foundation has also assured that it “remains open to constructive conversation with all parties involved”.

Alongside this, The Foundation is pursuing new listings and expands self-custody options for local users while pushing ahead with its consumer DeFi roadmap, including on-chain automation, EVM‐equivalent infrastructure and an enshrined lending protocol, betting that long‐term adoption will outlast short‐term regulatory frictions in one market.

The Growth Of The Flow Ecosystem

While Korea wrestles over FLOW’s listing status, the underlying network is quietly behaving like a top‐tier consumer chain. Disney, the NBA, the NFL and Ticketmaster all continue to build on Flow, together distributing over 100 million NFTs to more than 13 million fans and generating billions in primary and secondary sales.

As Flow’s ecosystem momentum continues to build, the real question for investors watching the Korean injunction drama is whether a localized delisting can truly derail it.

FLOW's price trends to the upside on the daily chart. Source: FLOWUSD on Tradingview

Cover image from ChatGPT, FLOWUSD chart from Tradingview

Perguntas relacionadas

QWhat action did Flow Foundation take in response to the planned delisting of FLOW on major South Korean exchanges?

AFlow Foundation filed a motion with the Seoul Central District Court to suspend the planned termination of FLOW trading on Upbit, Bithumb, and Coinone.

QWhat was the primary reason cited by the Korean exchanges for their decision to delist FLOW token?

AThe exchanges cited the December protocol-level exploit that allowed an attacker to mint approximately 3.9 million duplicate tokens as the reason for the delisting.

QWhich major global cryptocurrency exchange removed its monitoring tag for FLOW after a joint resolution on March 6?

ABinance removed its monitoring tag for FLOW after the joint resolution on March 6, confirming that all security issues were resolved.

QWhich South Korean exchange conducted its own review and continued to support unrestricted FLOW trading, removing its trading-caution label?

AKorbit conducted its own review, removed a trading-caution label on February 27, and continues to support unrestricted FLOW trading.

QWhat major corporations are mentioned as continuing to build on the Flow network, contributing to its ecosystem growth?

ADisney, the NBA, the NFL, and Ticketmaster are all mentioned as continuing to build on Flow, having distributed over 100 million NFTs to more than 13 million fans.

Leituras Relacionadas

There’s An FOMC Meeting Scheduled This Month, But Will The Fed Decision Affect Bitcoin?

The Federal Open Market Committee (FOMC) is scheduled to meet on June 16-17, with markets widely expecting the Fed to maintain interest rates at their current level of 3.5-3.75%. According to the CME FedWatch Tool, there is a 99.4% probability of rates remaining unchanged. The outcome of this meeting is anticipated to impact Bitcoin's price. If rates are held steady, Bitcoin's current market trajectory is likely to continue unchanged. Conversely, an unexpected rate hike could trigger bearish sentiment by reducing investor risk appetite and market liquidity, potentially leading to sell-offs. A rate cut, though currently considered improbable, would be the most bullish scenario, encouraging investment in risk assets like Bitcoin and potentially driving its price higher.

bitcoinistHá 1h

There’s An FOMC Meeting Scheduled This Month, But Will The Fed Decision Affect Bitcoin?

bitcoinistHá 1h

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

Anthropic has confidentially filed for an IPO, led by Morgan Stanley and Goldman Sachs, potentially going public by October. Following its latest $650 billion funding round, its pre-IPO valuation stands at $965 billion, with projections reaching up to $2 trillion at listing, which would make it the highest-valued private company ever. The article, written by Fu Sheng, addresses skepticism that this represents an AI bubble akin to the 2000 dot-com crash. It argues the current situation differs fundamentally. Unlike the internet bubble era, which relied on speculative narratives with little revenue, Anthropic's valuation is backed by unprecedented, measurable financial performance. Key data points include: * **Revenue Growth:** ARR skyrocketed from $10 billion in early 2025 to $470 billion by May 2026, targeting $100 billion by year-end—a growth curve unmatched in business history. * **Profitability:** It achieved operating profitability in Q2 2026 with an estimated $5.6 billion profit. * **Efficiency:** With ~3,000 employees and ~$470 billion ARR, its revenue per employee exceeds $10 million. Products like Claude Code, launched less than a year ago, already generate $25 billion in annualized revenue. * **Enterprise Adoption:** It boasts a strong enterprise client base, with 8 of the Fortune 10 and over 1,000 large firms spending over $1 million annually on Claude. The valuation is framed using a traditional SaaS model (e.g., a 10x Price-to-Sales multiple on $100 billion revenue). The author contends the core question for analysts has shifted from "How big could this be?" to "How much is it earning and will earn next quarter?" The discussion extends beyond Anthropic to a broader paradigm shift: the transition from a "carbon-based" to a "silicon-based" economy. Companies are increasingly prioritizing investment in compute and AI capabilities over human resources, as these directly scale productivity and competitive advantage. Anthropic's IPO is thus positioned not just as a corporate milestone, but as a price anchor for this new economic era.

链捕手Há 1h

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

链捕手Há 1h

US Senators Press Bank Regulators For ‘Fair’ Crypto Capital Rules

A group of U.S. Senate Republicans, led by Senator Cynthia Lummis, is urging federal bank regulators to establish clear and fair capital rules for banks involved with crypto assets. In a letter to the Federal Reserve, FDIC, and OCC, the lawmakers criticized the international Basel Committee's standards, which impose a punitive 1,250% risk weight on crypto assets, calling it a de facto ban not based on actual risk. They applauded recent interagency guidance that granted tokenized securities the same capital treatment as traditional ones, arguing this risk-based principle should apply consistently to all digital assets. The senators called on the agencies to develop a new capital framework, aligning with recent legislative progress on crypto market structure. Their push coincides with testimonies from top regulators, who emphasized a shift toward more risk-based supervision and responsible innovation, while also addressing stablecoin oversight under new proposals.

bitcoinistHá 1h

US Senators Press Bank Regulators For ‘Fair’ Crypto Capital Rules

bitcoinistHá 1h

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

NEAR Returns to AI Origins: From Payroll Struggles to Blockchain, Now Focusing on AI Agents and Privacy NEAR Protocol's journey began not with grand blockchain ambitions, but from a practical hurdle: its AI startup founders, including Transformer paper co-author Illia Polosukhin, couldn't efficiently pay international developers in 2017. This led them to pivot and build a high-performance, scalable blockchain. After years navigating various crypto narratives like sharding and cross-chain interoperability, NEAR is now leveraging its AI roots to re-enter the AI arena. A key driver is its "NEAR Intents" layer, which abstracts complex cross-chain transactions. Users simply state their goal (e.g., swap BTC for ETH), and a solver network finds the optimal route. This system has processed over $20B in cross-chain volume, generating significant fee revenue. A major growth area is private transactions via "Confidential Intents/Swaps," which hide trade details until settlement to protect against MEV and front-running. Remarkably, private swaps recently accounted for over 40% of NEAR's transaction volume, highlighting strong demand but also potential regulatory scrutiny. With its AI-founder pedigree, NEAR is positioning itself at the intersection of blockchain, AI agents, and privacy, aiming to become infrastructure for the emerging agent economy while navigating the challenges of its rapid adoption.

marsbitHá 4h

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

marsbitHá 4h

From Ethereum to AI's 'CROPS': What Exactly is This Set of 'Slow Variables' That Vitalik Repeatedly Emphasizes?

In recent discussions, Vitalik Buterin has frequently emphasized the concept of "CROPS," a framework defining core values for Ethereum's development. CROPS stands for Censorship Resistance, Capture Resistance, Open Source, Privacy, and Security. Initially outlined in the Ethereum Foundation's "EF Mandate," it represents a commitment to user sovereignty, ensuring that the network resists external control, remains open, protects privacy, and prioritizes security. The relevance of CROPS extends beyond Ethereum's foundational principles, becoming crucial in the context of AI integration. As AI agents begin handling wallet operations and automated transactions, the risk increases that users may cede control over their digital assets, privacy, and intentions to centralized AI service providers. A "CROPS AI" would therefore emphasize local execution where possible, privacy-preserving remote model calls (e.g., using zero-knowledge proofs), and transparent, verifiable processes to maintain user agency. Vitalik highlights a significant convergence between "CROPS Ethereum access layer" and "CROPS AI." Both address the same fundamental challenge: how users can access powerful services—be it blockchain data via RPCs or AI models—without exposing sensitive information or relinquishing ultimate control. This intersection points toward a future digital entry point that is more private, secure, and user-controlled. Ultimately, CROPS is not merely an abstract ideal but a practical guidepost. It steers development—from protocol resilience and wallet design to AI agent safety—towards a future where users retain self-sovereignty even as digital systems grow more complex and powerful. In an era of accelerating AI adoption, these "slow variables" of censorship resistance, openness, privacy, and security may define Ethereum's enduring value.

marsbitHá 4h

From Ethereum to AI's 'CROPS': What Exactly is This Set of 'Slow Variables' That Vitalik Repeatedly Emphasizes?

marsbitHá 4h

Trading

Spot

Futuros

Artigos em Destaque

Como comprar FLOW

Bem-vindo à HTX.com!Tornámos a compra de Flow (FLOW) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Flow (FLOW) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Flow (FLOW)Depois de comprar o teu Flow (FLOW), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Flow (FLOW)Transaciona facilmente Flow (FLOW) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

253 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de FLOW (FLOW) são apresentadas abaixo.