Maya Protocol Cross-Chain Network Halted After $1.7M Exploit

A cross-chain exploit forced Maya Protocol to shut down its network after an attacker drained roughly $1.7 million in Bitcoin and other digital assets by chaining together six separate software flaws.

The attack involved a single transaction containing 23 messages, with the attacker manipulating trade accounts, outbound transaction processing, and liquidity pool calculations.

CACAO's price crashed 88.7%, falling from about $0.115 to $0.013 during the incident.

Maya Protocol's pseudonymous co-founder Aalux confirmed that the attacker made off with about 20 Bitcoin, worth roughly $1.4 million, along with an additional $300,000 in other assets, before the team activated a network-wide halt to stop further losses.