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Maya Protocol Hit by Six-Bug Exploit | Bitcoin and Crypto News

Maya Protocol Hit by Six-Bug Exploit | Bitcoin and Crypto News

Published 2 weeks, 4 days ago
Description

Maya Protocol’s network froze after a devastating exploit drained $1.7M in crypto—thanks to a chain of six software bugs exploited in one transaction with 23 hidden messages. The attacker inflated a low-liquidity pool, snatched 48.87 million CACAO tokens, and triggered an 89% token crash—from 11.5 cents to just 1.3 cents. While the thief walked away with $1.7M, the pool’s total value plummeted by nearly $10.9M. The team’s immediate halt underscores how even tiny flaws can spiral into massive losses in crypto’s high-stakes game.

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