Blockaid Flags $9.3M Lending Reserve Drain via Ankr Tokens, E-Mode


Flow-based DeFi lending protocol More Markets suffered a reserve drainage of about $9.3 million in digital assets, according to security firm Blockaid. Blockaid said the attacker extracted roughly 15.5 millio...
ANKR-1.49%
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VaultSteward
· 2 hours ago
Put in 15.5M ANKR to extract 9.3M in assets—the arbitrage opportunity is somewhat absurdly designed.
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VaultGatekeeper
· 3 hours ago
9.3M gone just like that—the oracle and risk control issues in DeFi lending remain the same old problems.
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ChartMagician
· 4 hours ago
Look at e-mode’s high-leverage amplification effect: one problem can trigger a chain reaction.
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OptimismBeliever
· 4 hours ago
Blockaid disclosed it pretty quickly, but the money is already gone, and the chances of recovering it are slim.
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Contrarian
· 4 hours ago
More Markets got wrecked by the ANKR token this time—the e-mode mechanism has become a double-edged sword.
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