Maya Protocol Becomes the 16th Crypto Hack Logged in August Alone
Maya Protocol has undergone a halt after an attacker exploited 6 chained bugs to drain roughly $1.7 million from the decentralized liquidity protocol. The pseudonymous co-founder, Aaluxx, disclosed the losses. Native token CACAO collapsed by 88% as the attacker converted the stolen supply into Bitcoin (BTC), Ethereum (ETH), and other assets across all Maya liquidity The post Maya Protocol Becomes the 16th Crypto Hack Logged in August Alone appeared first on BeInCrypto.
Key Takeaways
- Maya Protocol has undergone a halt after an attacker exploited 6 chained bugs to drain roughly $1.7 million from the decentralized liquidity protocol.
- The pseudonymous co-founder, Aaluxx, disclosed the losses.
- Native token CACAO collapsed by 88% as the attacker converted the stolen supply into Bitcoin (BTC), Ethereum (ETH), and other assets across all Maya liquidity The post Maya Protocol Becomes the 16th Crypto Hack Logged in August Alone appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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