Flow says actual WFLOW losses were about $410,000 as Ankr and MORE Markets pause affected contracts

Flow says actual WFLOW losses were about $410,000 as Ankr and MORE Markets pause affected contracts

N
News Editor
2026-09-01 02:03:20
Flow said depositors in MORE Markets and ankrFLOW did not lose funds in the exploit, and holders of FLOW were not affected. The project also said earlier reports from some media outlets that put WFLOW losses at roughly $9.3 million were inaccurate, adding that the actual value of affected tokens was about $410,000. According to Flow, Ankr and MORE Markets have suspended the relevant contracts, while some exchanges have temporarily paused FLOW deposits as a precaution. Flow Foundation said it will work with Ankr to refill the drained WFLOW reserves and rebalance the liquidity pool. AnkrFLOW staking and borrowing on MORE Markets will remain paused until Ankr completes a contract upgrade. Flow added that users will be able to withdraw funds once services resume and will not need to take any extra steps.

Flow said in a post on X that depositors in MORE Markets and ankrFLOW did not lose funds in the exploit, and that FLOW holders were not affected.

The team said earlier reports from some media outlets that estimated WFLOW losses at about $9.3 million were incorrect. The actual value of affected WFLOW tokens was about $410,000, according to Flow.

Ankr and MORE Markets have now suspended the related contracts. Some exchanges have also precautionarily paused FLOW deposits.

Flow Foundation said it will work with Ankr to replenish the drained WFLOW reserves and rebalance the liquidity pool.

Staking for ankrFLOW and borrowing on MORE Markets will stay paused until Ankr completes a contract upgrade. Users will be able to withdraw funds after services are restored, with no additional action required.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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