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Maya Protocol Says Attack Led to Bitcoin and Asset Theft

By Exbasi Intelligence
Sourced from Binance News
Maya Protocol Says Attack Led to Bitcoin and Asset Theft
Maya Protocol founder AaluxxMyth said the protocol was attacked and about 20 BTC and other assets were stolen. According to ChainCatcher, the team has suspended global operations to limit losses and is fixing the vulnerability before resuming trading.Most of the losses came from arbitrage and pool fees caused by extreme slippage. The team said it is communicating with relevant parties and plans to replenish funds through investments such as Aztec Chain. It also said CACAO token price would return to $0.115 if the 20 BTC are returned to the pool. The team said it hopes the attacker will accept a bug bounty and return the funds.

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