More Markets Exploited on Flow EVM, Approximately 15.5 Million WFLOW Stolen

On August 31, according to Blockaid monitoring, More Markets (More Labs) suffered an exploit attack on Flow EVM. The attacker leveraged Ankr's staked liquidity token (LST) and the E-mode mechanism to drain the WFLOW lending reserves, transferring approximately 15.5 million WFLOW from mFlowWFLOW, with an impact amount of about $9.3 million.

The attack transaction cluster also includes post-attack fund transfer activities.

[TechFlow]