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More Markets Lending Reserve Drained of $9.3 Million on Flow EVM, Blockaid Says

More Markets Lending Reserve Drained of $9.3 Million on Flow EVM, Blockaid Says

DeFi protocol More Markets had about $9.3 million of digital assets drained from a lending reserve on Flow EVM, according to blockchain security firm Blockaid, which linked the incident to the use of a liquid staking token and an efficiency-mode borrowing feature. Blockchain data shared by Blockaid on Monday showed about 15.5 million Wrapped Flow (WFLOW) tokens were taken from the mFlowWFLOW reserve.

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