Security Incident
Cork Protocol Contract Vulnerability: $12.00M Reported Loss
On May 28, SlowMist detected potential suspicious activity related to Cork Protocol.
- Reported loss
- $ 12,000,000
- Attack category
- Contract Vulnerability
Incident Overview
According to the SlowMist security team’s analysis, the root cause of the attack was the lack of strict validation on user-supplied data, allowing the protocol’s liquidity to be manipulated and transferred to unintended markets, which attackers then exploited to perform unauthorized redemptions and profit illegally.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.