Maya Protocol suffers $1.7 million exploit, halts network

Maya Protocol has halted its cross-chain network after an attacker exploited six linked software flaws to steal an estimated $1.7 million in Bitcoin and other crypto assets. Summary Maya Protocol halted its network after an attacker stole an estimated $1.7 million in crypto. The exploit chained six software flaws and used a single transaction containing 23 messages. About $1.36 million was moved to external blockchains, while another $291,000 remained in attacker controlled positions. CACAO plunged 88.7% during the incident as Maya Protocol began working on fixes to restore swaps. Maya Protocol pseudonymous co-founder Aalux said on Wednesday that the attacker took about 20 Bitcoin, worth roughly $1.4 million, alongside another $300,000 in assets before the protocol activated a global halt to stop further losses. The team has since started working on fixes needed to restore swaps, while a preliminary technical analysis shared by Aalux traced the attack to a chain of bugs involving trade accounts, outbound transaction processing, and liquidity pool calculations. Maya Protocol exploit used six chained bugs According to the preliminary analysis, the attacker combined six separate flaws...