More than $12 million stolen from crypto platform Cork Protocol (Jonathan Greig – The Record)

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.”

More than $12 million stolen from crypto platform Cork Protocol | The Record from Recorded Future News

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