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Blockaid Traces $9.3 Million Exploit at Flow Lender More Markets
Published Source: BeInCryptoRead original
Crypto Insight Summary: More Markets lost 15.5 million Wrapped Flow (WFLOW) to an exploit on Flow EVM on Monday. Security firm Blockaid put the initial impact at $9.3 million. The lending protocol has not confirmed any loss. Its team said it is looking into the claim and will publish findings once the review is complete. What Blockaid Traced Crypto Insight Analysis: Direction: Bearish FLOW Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Exploit on Flow EVM raises security concerns, impacting FLOW's reputation.