Flow Foundation Updates on Vulnerability Fix Progress

According to PANews, the Flow Foundation has provided an update on the progress of fixing a recent vulnerability. The core development team has identified a solution to restore Ethereum Virtual Machine (EVM) functionality during the ongoing Cadence repair work. The EVM network is expected to be back online within 24 hours. Currently, the team is working on the second phase (Cadence) and the third phase (EVM) of the repair process simultaneously, with plans to proceed to the fourth phase, which involves restoring bridge and exchange functionalities.