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Aug 31, 2026
< 1min read
byZabi
forThe Crypto Basic
<img src="https://xpertsstudio.com/wp-content/uploads/2026/08/DeFi-Blockchain-Exploit-and-Crypto-Asset-Drain.webp” alt=”More Markets Lending Reserve Drained of $9.3 Million on Flow EVM, Blockaid Says” loading=”lazy”>
DeFi protocol More Markets had about $9.3 million drained from a lending reserve on Flow EVM after attackers withdrew roughly 15.5 million Wrapped Flow (WFLOW) tokens, Blockaid reported Monday. Blockaid linked the incident to the protocol’s use of a liquid staking token and an efficiency-mode borrowing feature, highlighting a security weakness in the lending reserve and risk for DeFi lending and tokenized staking products.
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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.
Source: cryptorank.io