DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit

coindesk.com/business/2025/05/28/a16z-backed-cork-protocol-suffers-usd12m-smart-contract-exploit

Decentralized finance (DeFi) platform Cork Protocol has suffered a smart contract exploit, with hackers reportedly stealing $12 million worth of wrapped staked ether (wstETH).
Blockchain security monitor Cyvers noticed the exploit, stating that the malicious contract was deployed by a…

This story appeared on coindesk.com, 2025-05-28 14:25:43.
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