The Flow network experienced an outage following an attack on December 27, leading to significant disruptions in the NFT lending protocol within its ecosystem. This incident resulted in multiple overdue loans defaulting as the repayment function was rendered inoperative. The Flow Foundation had previously suspended the Cadence execution environment until December 29. Flowty, an NFT lending platform, reported that 11 loans matured during the outage, with 8 defaulting and 2 unable to settle due to account restrictions. Although the Flow network has resumed operations, key functions like token exchanges remain limited, hindering borrowers' ability to repay loans. Consequently, Flowty has paused all loan settlements since December 30, with loans maturing during this period neither repaid nor marked as defaulted. The current price of Flow is approximately $0.086.