May 30, 2025

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

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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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Source: Bitcoin.com

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