Cyvers Alerts: Cork Protocol Suspected to Be Attacked, Losses Estimated at $12 Million
Cyvers Alerts posted on platform X stating that the system detected a suspected attack on Cork Protocol, with an estimated loss of approximately $12 million.
On May 28, 2025, at 11:23:19 UTC, the attacker deployed a malicious contract, funded by the address 0x4771…762B (possibly a service provider).
Just 16 minutes and 45 seconds later, the attacker launched the attack, successfully obtaining 3,761.87 wstETH, which was quickly exchanged for ETH. The funds have not yet been transferred to other addresses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Clanker: Creators will have permanent control over fees, changes will take effect on November 13
Peer-to-peer bitcoin trading protocol Rift secures $8 million in funding from Paradigm
