More Markets exploited on Flow EVM, draining 15.5 million WFLOW from lending reserve
first published 2026-08-31T07:58:21Z
More Markets was exploited on Flow EVM, draining about 15.5 million WFLOW from its mFlowWFLOW lending reserve. Blockaid estimated the loss at roughly $9.3 million and said the attacker used an Ankr bonded liquid staking token and More Markets' E Mode mechanism, with the final loss and fund destination still under investigation.
AI Analysis
The summary reports an exploit that drained a lending reserve and caused an estimated $9.3 million loss, which is directly negative and market-moving for the affected asset and protocol.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
- More Markets suffers $9.3m WFLOW exploit on Flow EVM - Crypto News
- More Markets lending reserve drained for $9.3M: Blockaid - Cointelegraph
- More Markets Exploit: $9.3M Drained From WFLOW Token - Coinpedia
- Float Protocol hit by $28K flash loan attack through Uniswap V3 manipulation - Crypto News
- Fogo Mainnet Has Been Stopped For 46 Hours With No Restart Timeline - The Defiant
