“The attacker took advantage of the Cork Protocol Defi Protocol Smart Contacts and stole $ 12 million in cryptocurrency. This was reported by Cyvers Alerts analysts. 🚨lert🚨our System have Identified A $ 12m Smart Contract Exploit, with @CorkProtocol Potentally the Victims. A Malicious Contract Was Deployed On May 28, 2025 AT 11:23:19 UTC by an ADDRESS FUNDEDED BY 0X4771… 762b (Likely a Service […]”, – WRITE: Businessua.com.ua
The attacker took advantage of the Cork Protocol Defi Protocol Smart Contacts and stole $ 12 million in cryptocurrency. This was reported by Cyvers Alerts analysts.
🚨Alert🚨our System have Identified a $ 12m Smart Contract Exploit, With @CorkProtocol Potentilly The Victims.
A Malicious Contract Was Deployed On May 28, 2025 at 11:23:19 UTC by an ADDRESS FUDRESS FUNDED BY 0x4771… 762b (Likely a Service Provider).
Just 16 minutes and 45 seconds… pic.twitter.com/72scizbjpz– 🚨 Cyvers Alerts 🚨 (@cyversalerts) May 28, 2025
The incident happened on May 28 – the hacker launched a harmful contract, and in less than 17 minutes brought out 3761.87 Wsteth and instantly exchanged them for Ethereum.
The Cork team confirmed the attack and suspended the work of all contracts. The developers are investigating and promised to provide more information later.
We are investigating a potential exploit and are paving all Contracts. We Will Report Back With More Information As Soon As Possible.
– Cork Protocol (@CorkProtocol) May 28, 2025
The CORK project launched Mainenene on the Ethereum network on March 4. The protocol offers a tool of tokenization of depreciation. The launch partners were Lido Finance, Ethena Labs, Ether.fi and SkycoSystem.
Recall that May 22 attacked the DEX CETUS pools on the SUI network. The team offered a hacker $ 6 million for the return of 20 920 ETH, which caused discussions about censorship in SUI.
According to DDAUB experts, the breakdown occurred due to an error in checking the liquidity parameters of the automatic market.
Subsequently, the SUI validators approved the compensation plan to the CETUS victims in the amount of $ 162 million. Voting will last until June 3.
The gun
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