Cyvers in the News
Cork Protocol hacked for $12M, smart contracts paused
Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in “762B.” According to the firm, the attacker used the exploit to steal roughly 3,761 Wrapped Staked Ether (wstETH), which was converted to Ether ETH$2,517 almost immediately after the attack.

May 28, 2025
DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit
Decentralized finance (DeFi) platform Cork Protocol has suffered a smart contract exploit, with hackers reportedly stealing $12 million worth of wrapped staked ether (wstETH).

May 28, 2025
Exploits and hacks returned with the general recovery of DeFi projects. The latest registered exploit took $12M from Cork Protocol.
Cork Protocol lost $12M due to a malicious smart contract, with outflows intercepted by Cyvers Alerts. Hacks against DeFi and DEX platforms accelerated in the past week, tapping the growing liquidity.

May 28, 2025