Binance Cuts FLOW Trading Pairs, Flags Token After $3.9M Crypto Heist

Binance just pulled the plug on several FLOW trading pairs and slapped the token on its watchlist. The move comes hot on the heels of a major security breach that siphoned off millions.

The $3.9M Hit

A crypto hack drained a cool $3.9 million from the Flow ecosystem. The exploit didn't just steal funds—it shattered user confidence and triggered immediate action from the world's largest exchange. Binance isn't waiting around to see what happens next.

Watchlist Worries

Landing on Binance's watchlist is a serious red flag. It signals heightened scrutiny and potential volatility ahead. For traders, it means navigating choppy waters with extra caution. For the FLOW project, it's a public relations nightmare that demands a swift and transparent response.

Exchange Muscle Flex

This isn't just about one token. It's a stark reminder of the power centralized exchanges wield. They can make or break projects with a single announcement, acting as judge, jury, and sometimes executioner in the crypto wild west. It's the kind of centralized control that decentralization was supposed to fix—but hey, old finance habits die hard.

The fallout from a hack is never just about the stolen funds. It's about trust, liquidity, and survival. FLOW's next moves will be watched closely. Will it rebuild, or become another cautionary tale in an industry that's still figuring out how to protect its own?

TLDR

• Binance delisted FLOW/BTC and eight other pairs after Flow’s $3.9M exploit.

• Flow was added to Binance’s monitoring list due to volatility and risk.

• The exploit caused FLOW’s price to fall over 40% within days.

• Binance froze the hacker’s remaining funds and urged Flow to release a full report.

Binance has announced the delisting of nine trading pairs, including FLOW/BTC, after a $3.9 million exploit affected the FLOW blockchain. The decision comes amid growing concerns over token volatility and regulatory compliance.

The exchange stated that the removal of these pairs WOULD take effect on January 3 at 08:00 UTC. FLOW, along with three other tokens, has also been placed under Binance’s Watchlist, a label that warns users of high-risk assets. The monitoring tag is used for tokens with increased volatility or concerns over meeting listing criteria.

Binance confirmed that users will not be able to update positions during the delisting process and advised closing trades beforehand.

Flow Exploit Causes Market Turmoil and Price Drop

The Flow network was exploited on December 27, 2025, when a hacker used a vulnerability to mint unauthorized tokens. These were then sold, triggering a rapid decline in market value and liquidity.

Within days, the FLOW token dropped by over 40%, with some hourly declines reaching 25%. As of the latest reports, FLOW was trading around $0.09 after briefly falling to the $0.073–$0.075 range.

In a preliminary report, Flow developers stated that the attacker utilized an unnamed exchange to convert part of the stolen FLOW into Bitcoin. While Binance was not named directly, the Flow team criticized one platform for failing to stop the unauthorized activity, citing AML/KYC shortcomings.

Binance Freezes Hacker Funds and Urges Transparency

In response to the incident, Binance said it had tracked and frozen the hacker’s remaining funds on its platform to protect users. The exchange also requested a full incident report from the Flow development team and asked that exchange wallets not be included in any recovery rollbacks.

“Tokens with a monitoring tag exhibit notably higher volatility and risks,” Binance stated, explaining the decision to add FLOW to its Watchlist. The exchange noted that if tokens under review continue to fall short of listing standards, further removal could follow.

The delisting affects other trading pairs beyond FLOW/BTC, including AI/BNB, ETC/BNB, LPT/BNB, and others across different markets.

Flow Restoration and Recovery Plans Underway

The Flow Foundation confirmed that restoration efforts are nearly complete, with only user account recovery and token remediation remaining. Developers said they avoided a blockchain rollback, despite considering it earlier, due to user concerns.

“What was originally planned as a sequential process has been executed in parallel,” the Flow team stated, adding that both Cadence and EVM functionality had been restored while removing fraudulent assets.

A complete post-mortem report is expected within 48 hours, according to Flow. The platform aims to fully stabilize operations and restore user trust after the exploit.

Binance reiterated that FLOW remains available on other pairs and that affected users should transfer assets from margin accounts to spot wallets before January 3 to avoid disruptions.