CRYPTO

More Markets lending reserve drained for $9.3M: Blockaid

CointelegraphMonday, August 31, 2026 at 8:57 AM

RedScroll Brief

More Markets lending reserve drained for $9.3M: Blockaid — Image via Cointelegraph

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.

RedScroll Signal

Impact: High
Category: Crypto
Market relevance: High
Why it matters: Crypto moves are a live stress test of liquidity, regulation, and narrative risk. 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. Watch liquidity and volatility around More Markets and Blockaid — crypto markets reprice narrative risk quickly.

Read original source → COINTELEGRAPH Edition 2026-08-31

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

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

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

Cointelegraph reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

Mon, Aug 31, 2026, 8:57 AM UTC
Cointelegraph published: More Markets lending reserve drained for $9.3M: Blockaid
Now
Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around More Markets and Blockaid — crypto markets reprice narrative risk quickly.

More on

Crypto

Source

Cointelegraph

Original reporting by Cointelegraph. RedScroll provides an extractive briefing only.