Maya Protocol Loses $11 Million in Pool Value After Exploit Drains Bitcoin and Other Assets
Maya Protocol has halted its MAYAChain network after an exploit allowed an attacker to manipulate a liquidity pool and withdraw Bitcoin and other crypto assets.
The protocol said six software bugs were required to execute the attack, which created a false balance of nearly 49 million CACAO in a pool that held only 168,000 CACAO.
The attacker later converted the manipulated tokens into Bitcoin and Ether, while Maya Protocol works on recovery and remediation.
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