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moremarkets

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🚨 Depletion of lending reserve of $9.3 million from the More Markets platform Blockaid, a blockchain security company, reported that an attacker used Ankr’s liquid staking token and the E-mode pattern to exploit the More Markets lending protocol. The attack resulted in the withdrawal of approximately $9.3 million worth of WFLOW from the platform’s lending reserve. ━━━━━━━━━━━━━━ 📊 Impact: 📈 High 🏷️ DEFI #DeFiSecurity #Exploit #MoreMarkets #Blockchain 📰 Source: cointelegraph.com
🚨 Depletion of lending reserve of $9.3 million from the More Markets platform

Blockaid, a blockchain security company, reported that an attacker used Ankr’s liquid staking token and the E-mode pattern to exploit the More Markets lending protocol. The attack resulted in the withdrawal of approximately $9.3 million worth of WFLOW from the platform’s lending reserve.

━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ DEFI

#DeFiSecurity #Exploit #MoreMarkets #Blockchain

📰 Source: cointelegraph.com
More Markets just suffered a $9.3 million drain. The attacker exploited Ankr liquid staking tokens and E mode to overborrow WFLOW from the lending reserve. Security risks are peaking again. #MoreMarkets #Ankr ‎
More Markets just suffered a $9.3 million drain. The attacker exploited Ankr liquid staking tokens and E mode to overborrow WFLOW from the lending reserve. Security risks are peaking again.

#MoreMarkets #Ankr ‎
Empty Kho Lending: $9.3M Absorbed From More Markets - Blockaid detected an attacker using Ankr liquid staking tokens and E-mode to bypass borrowing from More Markets - Kho’s WFLOW reserves were withdrawn by about $9.3 million - The incident is related to security of blockchain interest rate systems #BinanceSquare #CryptoNews #MoreMarkets #Blockaid #DeFiSecurity $ankr ankr $wflow wflow vlikevn Titanbot Source: CoinTelegraph
Empty Kho Lending: $9.3M Absorbed From More Markets

- Blockaid detected an attacker using Ankr liquid staking tokens and E-mode to bypass borrowing from More Markets
- Kho’s WFLOW reserves were withdrawn by about $9.3 million
- The incident is related to security of blockchain interest rate systems
#BinanceSquare #CryptoNews #MoreMarkets #Blockaid #DeFiSecurity

$ankr ankr $wflow wflow

vlikevn Titanbot

Source: CoinTelegraph
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