Maya Protocol Halts Network After $1.7 Million Exploit

Maya Protocol, a crosschain decentralized exchange, halted its network on Wednesday after an attacker exploited a series of software flaws to steal an estimated $1.7 million in cryptocurrency. The pseudonymous cofounder, Aaluxx, confirmed the security breach and the subsequent global shutdown of the platform to prevent further losses.

The attack leveraged six interconnected vulnerabilities within the protocol's systems. According to a preliminary technical analysis shared by Aaluxx, the perpetrator executed a single transaction containing 23 separate messages. This complex transaction manipulated the network's theft detection mechanism, artificially inflated a low-liquidity pool, and ultimately allowed the withdrawal of 48.87 million CACAO tokens from Maya's Asgard module, which holds assets for crosschain swaps.

The stolen assets included approximately 20 Bitcoin, valued at roughly $1.4 million, along with an additional $300,000 in other digital currencies. Blockchain security analytics firm PeckShield confirmed the breach, noting that assets were extracted from the protocol's vault infrastructure. An initial accounting indicated that about $1.36 million was transferred to...