A cross-chain trading network suffered a security breach leading to a significant loss of assets.
A series of six vulnerabilities in Maya Protocol allowed an attacker to drain assets from a pool that was credited with nearly 50 million tokens without proper funding. The exploit resulted in a drop of $11 million in the pool's value.
Further verified details about the incident were not immediately available.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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