Breaking: $12M stolen in Cork Protocol hack!

$12M stolen in Cork Protocol hack!

Attackers breached the tokenized risk platform, deploying a malicious contract to siphon funds moments before execution!

Security firms trace the exploit! Web3 data shows the hacker was funded via Whitebit withdrawals before converting 4,530 ETH! Blockchain experts investigate further!

Markets paused—uncertain future! Cork Protocol halts trading, leaving questions over its DeFi risk management model & long-term reputation!

Can DeFi security keep up with hackers? Let’s talk!

Source: X


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