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More Markets was hacked: attackers siphoned off 15.5 million WFLOW tokens, affecting approximately $9.3 million in funds.

2026.08.31 15:52:29

Blockchain security firm Blockaid said it has detected an exploit targeting More Markets (operated by More Labs) on the Flow EVM. Attackers exploited Ankr’s bonded LST (liquid staking token) and E-Mode mechanism to successfully drain More Markets’ WFLOW lending reserves. According to Blockaid’s monitoring, the attackers transferred approximately 15.5 million WFLOW tokens from the mFlowWFLOW reserve, with the detected impact amounting to around $9.3 million. The relevant attack transaction cluster also includes post-exploit fund transfers. The exact losses from the incident and the attackers’ fund destinations are still under further confirmation.

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