CoinDesk reported that Maya Protocol’s cross-chain trading network was exploited after a chain of six flaws caused the system to credit a pool with nearly 50 million tokens that were never properly funded. An attacker then drained real assets from the pool, pushing its value down by $11 million. The article does not provide additional details.
CoinDesk reported that Maya Protocol’s cross-chain trading network was exploited, and the pool value fell by $11 million.
According to the report, a chain of six flaws led the system to credit a pool with nearly 50 million tokens that had never been properly funded. An attacker then drained real assets from that pool.
No further details were provided in the input.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.