Maya Protocol Hit by $1.7M Exploit, CACAO Falls 89%

Maya Protocol Hit by $1.7M Exploit, CACAO Falls 89%

Maya says the damage is contained as it works to restore swaps and distinguish direct attacker withdrawals from the wider loss in pool value.

MAYAChain halts network after estimated $1.7M exploit

A preliminary analysis says six chained bugs let a 23-message transaction drain 48.87 million CACAO, sending the token down nearly 89%.

Maya Protocol Exploited For $1.7M In BTC And Other Assets

BitcoinWorld Maya Protocol Exploited for $1.7M in BTC and Other Assets Maya Protocol, a cross-chain liquidity protocol, has been hit by a security exploit that resulted in the theft of approximately 20 Bitcoin (BTC) and other digital assets, with total losses estimated at $1.7 million. The protocol’s founder, known as AaluxxMyth, confirmed the incident, stating that the attack targeted liquidity pools and exploited severe slippage conditions. D…