🚨 More Markets drained for $9.3M via overborrowing exploit
An attacker drained approximately $9.3 million in WFLOW from a More Markets lending reserve by exploiting an Ankr liquid staking token alongside E-mode to overborrow from the protocol, according to Blockaid.
The attack vector — using a liquid staking token combined with E-mode to bypass borrow limits — mirrors tactics seen in previous DeFi lending exploits. More Markets is built on Flow blockchain.
Trade on Binance
#AttackAlert #StaySafeInTheCryptoWorld
An attacker drained approximately $9.3 million in WFLOW from a More Markets lending reserve by exploiting an Ankr liquid staking token alongside E-mode to overborrow from the protocol, according to Blockaid.
The attack vector — using a liquid staking token combined with E-mode to bypass borrow limits — mirrors tactics seen in previous DeFi lending exploits. More Markets is built on Flow blockchain.
Trade on Binance
#AttackAlert #StaySafeInTheCryptoWorld
