MAYAChain halts network after estimated $1.7M exploit
[Update 09:25 UTC, Aug. 19: Adds details on the exploit mechanics and its impact on MAYAChain’s liquidity pools.Update 06:57 UTC, Aug.
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Key Facts
- Fact 1: [Update 09:25 UTC, Aug.
- Fact 2: 19: Adds details on the exploit mechanics and its impact on MAYAChain’s liquidity pools.Update 06:57 UTC, Aug.
- Fact 3: 20: Adds comments from Maya Protocol co-founder Aalux.] Cross-chain decentralized exchange (DEX) Maya Protocol halted its network after an attacker exploited a series of software flaws to obtain an estimated $1.7 million in crypto.
- Fact 4: On Wednesday, Maya Protocol’s pseudonymous co-founder Aalux said the attacker stole about 20 Bitcoin worth $1.4 million and another $300,000 in assets.
[Update 09:25 UTC, Aug. 19: Adds details on the exploit mechanics and its impact on MAYAChain’s liquidity pools.Update 06:57 UTC, Aug.
20: Adds comments from Maya Protocol co-founder Aalux.] Cross-chain decentralized exchange (DEX) Maya Protocol halted its network after an attacker exploited a series of software flaws to obtain an estimated $1.7 million in crypto. On Wednesday, Maya Protocol’s pseudonymous co-founder Aalux said the attacker stole about 20 Bitcoin worth $1.4 million and another $300,000 in assets. They said the halt prevented further damage and the team had started working on a fix to resume swaps.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: Cointelegraph
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