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DeFi lending exploit drains $9.3M from More Markets, leaves reserves razor-thin

Covered by 1 source · 1 article

A DeFi lending exploit drained roughly $9.3 million from More Markets on August 31, after attackers found a way to overborrow against the protocol’s Flow EVM lending reserve. Blockaid, the blockchain security firm that flagged the incident,…

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DeFi lending exploit drains $9.3M from More Markets, leaves reserves razor-thin
Cryptonomist 20h ago

DeFi lending exploit drains $9.3M from More Markets, leaves reserves razor-thin

A DeFi lending exploit drained roughly $9.3 million from More Markets on August 31, after attackers found a way to overborrow against the protocol’s Flow EVM lending reserve. Blockaid, the blockchain security firm that flagged the incident,…