Attackers drain $9.3M in suspected More Markets exploit

Crypto Insight Summary: The Blockaid security firm has reported an exploit estimated to have drained roughly $9.3 million from More Markets’ WFLOW lending reserve in the early hours of August 31, 2026. The Flow EVM lending protocol built by More Labs did not immediately confirm the loss in its response to the reports, writing that it is “currently... Crypto Insight Analysis: Direction: Bearish WFLOW Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Exploit on lending protocol raises security concerns, impacting token value temporarily.