On May 28, 2025, the decentralized finance platform Cork Protocol experienced a security breach resulting in a loss of approximately $12 million in digital assets. The incident was caused by fake tokens that compromised the protocol, which specializes in hedging depeg risks for stablecoins and liquid staking tokens. Separately, concerns have been raised about Chainlink's Volume Weighted Average Price (VWAP) oracle system after a low-liquidity token experienced a price spike above its intended $1 peg, triggering liquidations exceeding $500,000. This event has reignited debates over the reliability of oracle pricing mechanisms in DeFi, with some experts arguing that the issue stems from low liquidity rather than oracle malfunction, cautioning against allowing oracles to manipulate asset prices. The situation highlights vulnerabilities in current oracle designs and the challenges of maintaining accurate price feeds in decentralized finance environments.