FLOW Says Depositors Unaffected After MORE Markets Attack

Flow said MORE Markets and ankrFLOW depositors did not lose funds in the attack, and FLOW holders were also unaffected. According to Foresight News, earlier media reports that cited about $9.3 million in WFLOW losses were inaccurate, and the actual value of the affected tokens was about $410,000. Ankr and MORE Markets have paused the relevant contracts, while some exchanges have temporarily suspended FLOW deposits as a precaution. The Flow Foundation will work with Ankr to replenish the withdrawn WFLOW reserve funds and rebalance the liquidity pool. ankrFLOW staking and MORE Markets lending will remain paused until Ankr completes the contract upgrade, and users will be able to withdraw funds after services resume without taking additional action.