by: xpoolPosted on:

Cork Protocol Hack: $12 Million Stolen from Wrapped Ethereum Contract

A security incident has affected the Cork Protocol, resulting in the theft of approximately $12 million worth of wrapped staked Ethereum (wstETH) tokens. A potential vulnerability in a smart contract was exploited by hackers, leading to this loss. The platform confirmed the attack and is currently pausing all contracts while they investigate further.

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