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DeFi Platform Cork Protocol Suffers $12M Exploit, Markets Paused

Hackers breached Cork Protocol on May 28, stealing $12 million in digital assets through a malicious contract exploit. Cork Markets Paused On May 28, hackers breached the tokenized risk protocol Cork Protocol’s platform...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DeFi Platform Cork Protocol Suffers $12M Exploit, Markets Paused
Hackers breached Cork Protocol on May 28, stealing $12 million in digital assets through a malicious contract exploit. Cork Markets Paused On May 28, hackers breached the tokenized risk protocol Cork Protocol’s platform and made off with $12 million in digital assets. According to an alert shared by the blockchain security services platform Cyvers, the […]

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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