2 sourcesTracking since 31 Aug, 08:57
More Markets lending reserve drained for $9.3M: Blockaid
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First seen31 Aug, 08:57More Markets lending reserve drained for $9.3M: Blockaid
Blockaid said an attacker used an Ankr liquid staking token and E-mode to overborrow from More Markets and drain about $9.3 million in WFLOW from a lending reserve.
Cointelegraph•Cointelegraph by Zoltan Vardai
Latest31 Aug, 10:17More Markets loses $9.3M in lending reserve exploit, Blockaid reports
The exploit highlights vulnerabilities in DeFi protocols, emphasizing the need for enhanced security measures to protect against sophisticated attacks.
CryptoBriefing•Editorial Team