CorkProtocol
1,726 views
6 Discussing
Hot
Latest
CoinMarketCap Spotlight | 29 May 2025
So what's actually moving today? Here's what matters:
The US Vice President positions Bitcoin as a "strategically important asset" for America's next decade. But what exactly does "strategically important" mean for Bitcoin's role in government policy?
Telegram raises $1.5B through bonds attracting BlackRock and Citadel, sending Toncoin up 12%. Is this the start of Telegram's crypto comeback?
BlackRock eyes 10% of #Circle $624M IPO round. What's the reason for this surge in institutional interest in a stablecoin company?
#CorkProtocol loses $12M when attackers exploit smart contracts. Is there a connection between Cork and the Cetus hack?
Ethereum options traders set conservative targets with only 12% chance of hitting $5,000 by December. What's the reason for such pessimism?
$BTC $TON $ETH
#CoinMartketCap #trending #viral
So what's actually moving today? Here's what matters:
The US Vice President positions Bitcoin as a "strategically important asset" for America's next decade. But what exactly does "strategically important" mean for Bitcoin's role in government policy?
Telegram raises $1.5B through bonds attracting BlackRock and Citadel, sending Toncoin up 12%. Is this the start of Telegram's crypto comeback?
BlackRock eyes 10% of #Circle $624M IPO round. What's the reason for this surge in institutional interest in a stablecoin company?
#CorkProtocol loses $12M when attackers exploit smart contracts. Is there a connection between Cork and the Cetus hack?
Ethereum options traders set conservative targets with only 12% chance of hitting $5,000 by December. What's the reason for such pessimism?
$BTC $TON $ETH
#CoinMartketCap #trending #viral
CoinMarketCap Spotlight | 29 May 2025
So what's actually moving today? Here's what matters:
The US Vice President positions Bitcoin as a "strategically important asset" for America's next decade. But what exactly does "strategically important" mean for Bitcoin's role in government policy?
Telegram raises $1.5B through bonds attracting BlackRock and Citadel, sending Toncoin up 12%. Is this the start of Telegram's crypto comeback?
BlackRock eyes 10% of #Circle $624M IPO round. What's the reason for this surge in institutional interest in a stablecoin company?
#CorkProtocol loses $12M when attackers exploit smart contracts. Is there a connection between Cork and the Cetus hack?
Ethereum options traders set conservative targets with only 12% chance of hitting $5,000 by December. What's the reason for such pessimism?
$BTC $TON $ETH
#CoinMartketCap #trending #viral
So what's actually moving today? Here's what matters:
The US Vice President positions Bitcoin as a "strategically important asset" for America's next decade. But what exactly does "strategically important" mean for Bitcoin's role in government policy?
Telegram raises $1.5B through bonds attracting BlackRock and Citadel, sending Toncoin up 12%. Is this the start of Telegram's crypto comeback?
BlackRock eyes 10% of #Circle $624M IPO round. What's the reason for this surge in institutional interest in a stablecoin company?
#CorkProtocol loses $12M when attackers exploit smart contracts. Is there a connection between Cork and the Cetus hack?
Ethereum options traders set conservative targets with only 12% chance of hitting $5,000 by December. What's the reason for such pessimism?
$BTC $TON $ETH
#CoinMartketCap #trending #viral
CoinMarketCap Spotlight | 29 May 2025
So what's actually moving today? Here's what matters:
The US Vice President positions Bitcoin as a "strategically important asset" for America's next decade. But what exactly does "strategically important" mean for Bitcoin's role in government policy?
Telegram raises $1.5B through bonds attracting BlackRock and Citadel, sending Toncoin up 12%. Is this the start of Telegram's crypto comeback?
BlackRock eyes 10% of #Circle $624M IPO round. What's the reason for this surge in institutional interest in a stablecoin company?
#CorkProtocol loses $12M when attackers exploit smart contracts. Is there a connection between Cork and the Cetus hack?
Ethereum options traders set conservative targets with only 12% chance of hitting $5,000 by December. What's the reason for such pessimism?
$BTC $TON $ETH
#CoinMartketCap #trending #viral
So what's actually moving today? Here's what matters:
The US Vice President positions Bitcoin as a "strategically important asset" for America's next decade. But what exactly does "strategically important" mean for Bitcoin's role in government policy?
Telegram raises $1.5B through bonds attracting BlackRock and Citadel, sending Toncoin up 12%. Is this the start of Telegram's crypto comeback?
BlackRock eyes 10% of #Circle $624M IPO round. What's the reason for this surge in institutional interest in a stablecoin company?
#CorkProtocol loses $12M when attackers exploit smart contracts. Is there a connection between Cork and the Cetus hack?
Ethereum options traders set conservative targets with only 12% chance of hitting $5,000 by December. What's the reason for such pessimism?
$BTC $TON $ETH
#CoinMartketCap #trending #viral
See original
HACKER WITHDREW $12 MILLION FROM CORK PROTOCOL
On May 28, a hacker deployed a malicious contract. In less than 17 minutes, he withdrew 3761.87 wstETH and immediately exchanged it for Ethereum. The stolen funds have not yet been moved.
The Cork team confirmed the incident and suspended the operation of all contracts. Developers are conducting an investigation and promised to provide details later.
#CorkProtocol
On May 28, a hacker deployed a malicious contract. In less than 17 minutes, he withdrew 3761.87 wstETH and immediately exchanged it for Ethereum. The stolen funds have not yet been moved.
The Cork team confirmed the incident and suspended the operation of all contracts. Developers are conducting an investigation and promised to provide details later.
#CorkProtocol
See original
Alert in DeFi!
Cork Protocol loses $12 Million in #exploit smart contract
#CorkProtocol , a DeFi platform backed by a16z crypto and OrangeDAO since September 2024, suffered a smart contract exploit on May 28, 2025, at 11:23 UTC, resulting in the theft of 3,762 wstETH valued at $12 million.
According to Cyvers, the attacker, likely funded by a service provider, deployed a malicious contract that exploited a flaw in the exchange rate logic of the contract, using fake tokens to drain the funds, which were quickly converted to 4,530 #ETH.
Debaub pointed out that the vulnerability originated from an issue with the internal exchange rate of the contract.
Cork Protocol paused all its markets as a precaution and is investigating the cause.
#Ethereum $ETH
Cork Protocol loses $12 Million in #exploit smart contract
#CorkProtocol , a DeFi platform backed by a16z crypto and OrangeDAO since September 2024, suffered a smart contract exploit on May 28, 2025, at 11:23 UTC, resulting in the theft of 3,762 wstETH valued at $12 million.
According to Cyvers, the attacker, likely funded by a service provider, deployed a malicious contract that exploited a flaw in the exchange rate logic of the contract, using fake tokens to drain the funds, which were quickly converted to 4,530 #ETH.
Debaub pointed out that the vulnerability originated from an issue with the internal exchange rate of the contract.
Cork Protocol paused all its markets as a precaution and is investigating the cause.
#Ethereum $ETH
Login to explore more contents