Ankr's ankrFLOW Contract Exploited, Flow Foundation to Reimburse Losses
The Flow blockchain reported that an exploit in Ankr's ankrFLOW liquid staking contract allowed an attacker to mint 8.6 million uncollateralized ankrFLOW tokens. The incident, which is not related to the Flow EVM or protocol, led to the drainage of approximately 15.5 million WFLOW from the MORE Markets lending protocol, resulting in a profit of about $246,000 for the attacker. Ankr and MORE Markets have paused the affected contracts, and some exchanges have suspended FLOW deposits as a precaution. The Flow Foundation will work with Ankr to replenish the sto
Not investment advice.