MAYAChain | Crypto

A 23-message transaction corrupted pool accounting before CACAO fell 88.7%, widening the damage that Maya's recovery plan still must reconcile. The post MAYAChain’s $1.36 million exploit spiraled into nearly $11 million of pool damage appeared first on CryptoSlate.

A preliminary analysis says six chained bugs let a 23-message transaction drain 48.87 million CACAO, sending the token down nearly 89%. Cross-chain decentralized exchange (DEX) Maya Protocol halted its network after an attacker exploited a series of software flaws to obtain an estimated $1.7 million in crypto.  On Wednesday, Maya Protocol’s pseudonymous co-founder Aalux said the attacker stole about 20 Bitcoin, valued at $1.4 million and another $300,000 in assets. He said the protocol implemented a global halt, contained further damage and started working on a fix to resume swaps. A preliminary technical analysis shared by Aalux attributed the incident to six chained bugs involving trade accounts, outbound transaction handling and liquidity pool calculations. It said the attacker used a single transaction containing 23 messages to trigger a false theft detection, artificially inflate a low-liquidity pool and withdraw 48.87 million CACAO tokens from Maya’s Asgard module.  Read more