Maya Protocol Suffers Attack with Losses of Approximately $1.7 Million
Prefer us on GoogleMaya Protocol founder AaluxxMyth disclosed that the protocol has suffered an attack, resulting in the theft of approximately 20 BTC (around $1.4 million) and other assets (about $300,000). The team has suspended global operations to control the losses and is working to fix vulnerabilities to restore trading. Most of the losses stem from extreme slippage leading to arbitrage and pool fees. The team is in communication with relevant parties and plans to recover funds through investments such as those in Aztec Chain. If the 20 BTC are returned to the pool, the price of CACAO tokens will recover to $0.115. The team also hopes that the attackers will accept a bug bounty and return the funds.
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