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Coin Edition 2025-05-29 01:45:00

Cork Protocol Pauses Contracts Amidst Investigation Of Potential Exploit

Cork Protocol Pauses Contracts Amidst Investigation Of Potential Exploit

Some reports suggest that Cork Protocol may have suffered a loss of approximately $12 million in the suspected breach At the moment, the attack is presumed to have been due to a private key leak or phishing incident involving a service provider The DeFi platform is backed by notable investors such as a16z, OrangeDAO, Ideo Ventures, and Outliers Fund Phil Fogel, co-founder of Cork Protocol, announced via X that the team is investigating a potential exploit and has paused all smart contracts as a precautionary measure. While it’s still early to calculate the damages, some reports suggest that Cork Protocol may have suffered a loss of approximately $12 million in a suspected breach. According to Cyvers Alerts, a malicious contract was deployed on May 28, 2025, at 11:23:19 UTC. The contract was funded by an address beginning with 0x4771 and ending with 762B, which may be associated with a service provider. Blockchain security firm SlowMist has issued a security alert regarding the incident, drawing attention to the possible vulnerabilities exploited. At the moment, the attack is suspected to have occurred due to a private key leak or phishing incident in… The post Cork Protocol Pauses Contracts Amidst Investigation Of Potential Exploit appeared first on Coin Edition .

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine