CryptoUnverified

More Markets lending reserve drained for $9.3M: Blockaid

Blockaid said an attacker used an Ankr liquid staking token and E-mode to overborrow from More Markets and drain about $9.3 million in WFLOW from a lending reserve.

What happened

Blockaid said an attacker used an Ankr liquid staking token and E-mode to overborrow from More Markets and drain about $9.3 million in WFLOW from a lending reserve.

Why it matters

The development may change operating conditions or market expectations around Crypto. Further confirmation and measurable outcomes matter.

Affected entities

View evidence

1 reports · 1 original report · 1 independent

  1. CointelegraphPrimary source · Supports · EN · 100%
    More Markets lending reserve drained for $9.3M: Blockaid

Claims

  • More Markets lending reserve drained for $9.3M: Blockaid Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

  1. First reported

Market move following event

Market reaction is not yet available for this asset and time window.

Score explanation

Confidence · formula confidence-2.1.0
Source trust78
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude45
Market relevance88
Entity significance42
Market breadth45
Novelty68
Urgency55
capital magnitude31
Ranking · formula rank-1.0.0
Confidence factor0.838
Freshness factor0.9987
Breaking bonus0
More Markets lending reserve drained for $9.3M: Blockaid | IntelCap