More Markets attacked: Attackers withdrew 15.5 million WFLOW, affecting funds of about 9.3 million USD
Blockchain security company Blockaid stated that it has detected an exploit on More Markets (More Labs) on Flow EVM. The attacker successfully drained More Markets' WFLOW lending reserves by exploiting Ankr's bound LST (liquid staking token) and the E-Mode mechanism.According to Blockaid's monitoring, the attacker transferred approximately 15.5 million WFLOW from the mFlowWFLOW reserves, with the detected impact amounting to about 9.3 million USD. The related attack transaction cluster also includes fund transfer operations after the exploit. The specific losses of the incident and the whereabouts of the attacker’s funds are still under further confirmation.