Insight: Flow Rollback Blockchain Decision Made Without Key Bridge Partner Communication, Potential Economic Loss Far Exceeds Vulnerability Itself

By: theblockbeats.news|2025/12/28 21:16:10

0

Share

copy

BlockBeats News, December 28th, deBridge co-founder Alex Smirnov posted on the X platform, stating that the Flow team has decided to rollback the blockchain and claimed to be in a forced sync window with key ecosystem partners (bridges, centralized exchanges, decentralized exchanges). As one of the main bridge providers for Flow, deBridge has not received any communication or coordination from the Flow team, posing significant risks. Alex Smirnov stated that the hasty chain rollback could result in far greater economic losses than the original attack and would introduce systemic issues affecting bridges, custodians, users, and counterparties who acted honestly during the affected window. Alex Smirnov urged all Flow validators to cease transaction validation on the rollback chain until clear compensation plans, ecosystem partner coordination, and security team intervention are established. Currently, RPC responses indicate that the Flow state has been rolled back but are not accepting new transactions.

You may also like

Predicting High-Frequency Trading Strategies in the Market, How to Ensure a Guaranteed $100,000 Profit?

Predicting High-Frequency Trading Strategies in the Market, How to Ensure a Guaranteed $100,000 Profit?

The power of compounding should not be underestimated. Earning 0.5% per day through high-frequency trading can result in a much more stable return after one year compared to hitting a 10x coin flip.

This might be the average person's final opportunity to get ahead of AI

This might be the average person's final opportunity to get ahead of AI

When AI has begun to independently perform tasks, even engaging in self-evolution, most people will have missed the final window of opportunity to proactively adapt.

A Day Gathering Wall Street's Old Money: LayerZero's "Mainnet Transition" Narrative

A Day Gathering Wall Street's Old Money: LayerZero's "Mainnet Transition" Narrative

What LayerZero holds may be a backstage pass, or it could simply be an interview opportunity.

Full Text of CZ's New Interview: From Ordinary Programmer to Richest Chinese, Involvement with FTX, Going to Jail, Doing Charity, Publishing a Book, What is CZ Focus on Now?

Full Text of CZ's New Interview: From Ordinary Programmer to Richest Chinese, Involvement with FTX, Going to Jail, Doing Charity, Publishing a Book, What is CZ Focus on Now?

CZ's Journey: The Most Detailed Interview

Mr. Beast is officially entering the world of finance, the Gen Z's new banker

Mr. Beast is officially entering the world of finance, the Gen Z's new banker

In the financial services industry, the revenue ceiling per individual customer is 10 times higher than a chocolate bar.

SBF Appeals from Prison, Files 35-Page Motion Accusing Trial of "Collusion"

SBF Appeals from Prison, Files 35-Page Motion Accusing Trial of "Collusion"

The evidence submitted in this instance is not intended to directly prove his "innocence" but rather pursues a legal strategy that questions the flaws in the judicial trial process.

Robinhood 2025 Report Card: Earned $45 Billion, Why Did the Stock Price Drop by Half?

Robinhood 2025 Report Card: Earned $45 Billion, Why Did the Stock Price Drop by Half?

The proportion of revenue from cryptocurrency transactions has decreased from around 35% to 17% of total revenue.

$1M+ AI Trading Finals: Hubble AI & WEEX Spotlight the Future of Crypto Trading

$1M+ AI Trading Finals: Hubble AI & WEEX Spotlight the Future of Crypto Trading

The WEEX AI Trading Hackathon Finals are now live, featuring real-time PnL leaderboards, daily rankings, and in-depth AMA sessions. Explore how top AI trading strategies perform under real market volatility and follow the competition as it unfolds.

WEEX Alpha Awakens Final Round Has Officially Begun

WEEX Alpha Awakens Final Round Has Officially Begun

Day 1 of the WEEX AI Trading Hackathon Final Round is now live! Watch top algorithmic trading strategies compete with real capital. Follow the action from Feb 3–16, 2026, with $880K+ in prizes. Tune in live now. #AITrading #TradingHackathon

WLFI Team Meeting, Ally Meeting, Seaside Villa Cryptocurrency Business Kickoff

WLFI Team Meeting, Ally Meeting, Seaside Villa Cryptocurrency Business Kickoff

Lake House Estate has witnessed the entire journey of the crypto industry from its grassroots to its maturity

OpenClaw Hackathon, What are some projects worth checking out

OpenClaw Hackathon, What are some projects worth checking out

What's new in this AI Agent-only hackathon?

The Bithumb 2000 BTC Mistake: The Fundamental Issue with CEX Ledgers

The Bithumb 2000 BTC Mistake: The Fundamental Issue with CEX Ledgers

Why Can Bithumb Generate 620,000 Fake BTC in the Backend at Once?

LayerZero releases L1 chain Zero, CZ appears on the All-In podcast, what's the overseas crypto community talking about today?

LayerZero releases L1 chain Zero, CZ appears on the All-In podcast, what's the overseas crypto community talking about today?

In the past 24 hours, what have foreigners been most concerned about?

Binance Alpha has turned the airdrop into a "blind box" game

Binance Alpha has turned the airdrop into a "blind box" game

The user spent 15 Alpha Points to participate, but each box contains only one type of token, and you do not know which one until you claim it.

AI Wars: WEEX Alpha Awakens - The Global AI Trading Hackathon Redefining Financial Markets

AI Wars: WEEX Alpha Awakens - The Global AI Trading Hackathon Redefining Financial Markets

Compete in WEEX's global AI trading hackathon with $880K+ prize pool. Build & test algorithms in live markets. Bentley & crypto prizes await top AI trading strategies. Join now!

Kyle Samani's Exit Scam, Is There More to the Story?

Kyle Samani's Exit Scam, Is There More to the Story?

Wants to reap the benefits bestowed by the industry, yet is eager to detach from the industry quickly.

February 10th Market Key Intelligence, How Much Did You Miss?

February 10th Market Key Intelligence, How Much Did You Miss?

1. On-chain Funds: $13.6M USD inflow to Base today; $15.8M USD outflow from OP Mainnet 2. Largest Price Swings: $HUNT, $WHITEWHALE 3. Top News: Consolidation continues after relief rally, summary of market bottom price predictions

Tokenomics New Paradigm? When Backpack Starts Enabling VCs to "Deferred Gratification"

Tokenomics New Paradigm? When Backpack Starts Enabling VCs to "Deferred Gratification"

Backpack's founder admitted that an IPO could be just around the corner, a distant prospect, or even an unattainable goal in the end.

Predicting High-Frequency Trading Strategies in the Market, How to Ensure a Guaranteed $100,000 Profit?

The power of compounding should not be underestimated. Earning 0.5% per day through high-frequency trading can result in a much more stable return after one year compared to hitting a 10x coin flip.

This might be the average person's final opportunity to get ahead of AI

When AI has begun to independently perform tasks, even engaging in self-evolution, most people will have missed the final window of opportunity to proactively adapt.

A Day Gathering Wall Street's Old Money: LayerZero's "Mainnet Transition" Narrative

What LayerZero holds may be a backstage pass, or it could simply be an interview opportunity.

Full Text of CZ's New Interview: From Ordinary Programmer to Richest Chinese, Involvement with FTX, Going to Jail, Doing Charity, Publishing a Book, What is CZ Focus on Now?

CZ's Journey: The Most Detailed Interview

Mr. Beast is officially entering the world of finance, the Gen Z's new banker

In the financial services industry, the revenue ceiling per individual customer is 10 times higher than a chocolate bar.

SBF Appeals from Prison, Files 35-Page Motion Accusing Trial of "Collusion"

The evidence submitted in this instance is not intended to directly prove his "innocence" but rather pursues a legal strategy that questions the flaws in the judicial trial process.

Popular coins

Latest Crypto News

19:07

View: The market is in the late stage of a bear market, expecting a range-bound phase with approximately 15% volatility.

BlockBeats News, February 11th, DWF Labs stated in a post that the market is currently in the final stage of a bear market, experiencing a volatile phase. The price of Bitcoin has fallen to around $67,000, with liquidity drying up and leveraged positions being significantly liquidated. Institutional...

19:07

Pre-market Crypto Stock Selloff in US Stocks, Strategy Drops by 3.38%

BlockBeats News, February 11th, according to Bitget market data, pre-market trading of US-listed crypto concept stocks showed a general decline, including:MicroStrategy (MSTR) down 3.38%;Coinbase (COIN) down 4.01%;Circle (CRCL) down 1.99%;MARA Holdings (MARA) down 3%;Riot Blockchain (RIOT) down 2.63...

19:07

SBF Publishes Article Protesting Conviction, Accuses Biden Administration of Witness Tampering and Witness Statement Alteration

BlockBeats News, February 11th. SBF posted stating that new evidence suggests that under the leadership of Biden, the Department of Justice has threatened multiple witnesses to stay silent or change their testimony. My conviction should be overturned. Judge Lewis Kaplan should recuse himself from th...

19:07

After the Aztec token auction, 4,234.6 ETH and 273 million AZTEC will be pooled on Uniswap V4.

BlockBeats News, February 11th, according to on-chain analyst Ember Ye's monitoring, Coinbase has added Aztec (AZTEC) to its listing roadmap, and the project team also tweeted yesterday to announce the specific time of the TGE: 3:00 PM on February 12th (Beijing time).In December last year, Aztec con...

14:00

Tom Lee Retweet: If Mr. Beast were to IPO in the future and experience significant growth, BMNR could see multiple-fold upside

BlockBeats News, on February 11th, cross-chain bridge MultiBit CEO @mmmikema stated in a post that Beast Industries has acquired the Gen Z-oriented banking app Step, with BMNR holding a 4% stake in Beast Industries. It is mentioned that if Mr. Beast were to launch an IPO in the future and achieve si...