DeFi vault infrastructure protocol More Markets had its mFlowWFLOW lending reserve drained of approximately 15.5 million Wrapped Flow (WFLOW), worth approximately $9.3 million, on Flow EVM according to security platform Blockaid. The attacker exploited Ankr Staked FLOW (ankrFLOW) liquid staking token combined with Aave V3’s E-mode to overborrow from the reserve. This incident brought total monthly crypto hack losses to $139.7 million for August, making it the third-largest month by value stolen in 2026, although representing a significant decrease from $254 million in July. More Markets had not publicly confirmed the incident or specified whether users suffered losses at the time of publication.
Source: Read the original article
