Incident Overview
An attacker exploited a vulnerability in Ankr’s ankrFLOW liquid staking contract to mint approximately 8.6 million unbacked ankrFLOW tokens, then used them as collateral with More Markets’ E-mode to drain about 15.5 million WFLOW (~$410,000 at spot) from the lending reserve. The attacker realized roughly $246,000 after slippage. The Flow Foundation stated the root cause was in Ankr’s Solidity contract, not Flow EVM or More Markets.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.