Flow EVM Exploit Drains $9.3M from More Markets

A recent exploit on the Flow EVM has drained approximately $9.3 million from More Markets, a decentralized lending protocol.

The attack targeted the mFlowWFLOW lending reserve and is linked to an Ankr bonded LST and More Markets' E Mode mechanism.

Blockaid, a blockchain security firm, estimated that 15.5 million WFLOW tokens were drained from the reserve, but notes that the final losses and destination of the assets remain under investigation.