More than $12 million stolen from crypto platform Cork Protocol
Hackers stole more than $12 million worth of cryptocurrency from the decentralized finance (DeFi) platform Cork Protocol in a Wednesday morning attack.
Company co-founder Phil Fogel said all activity on the platform has been paused.
“There was a security incident affecting the wstETH:weETH market at 11:23 UTC today. All other Cork markets have been paused as a precaution, and no other markets have been impacted,” the company later said in a statement. “We are actively investigating the situation and will continue to provide updates as more details become available. Thank you to our partners as we work through this.”
Cork Protocol did not respond to requests for comment about how much was stolen or how the attack was…