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More Markets lending reserve drained for $9.3M: Blockaid

Blockaid said an attacker used an Ankr liquid staking token and E-mode to overborrow from More Markets and drain about $9.3 million in WFLOW from a lending reserve.

More Markets lending reserve drained for $9.3M: Blockaid

Web3 security platform Blockaid reported that an attacker drained approximately $9.3 million in WFLOW digital assets from More Markets' lending reserve on the Flow EVM. The attack utilized Ankr Staked FLOW (ankrFLOW) and E-mode to overborrow from the reserve. More Markets had not publicly confirmed the incident or disclosed user losses at the time of publication.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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