Maya Protocol loses $11M in crypto after six-flaw exploit hits liquidity pools

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Cross-chain trading network Maya Protocol suffered a significant security breach that drained approximately $11 million worth of bitcoin and other crypto assets from its liquidity pools. The attack was made possible by a chain of six separate vulnerabilities within the protocol's system. These flaws allowed an attacker to have a pool falsely credited with nearly 50 million tokens that were never actually funded. The exploiter then used these improperly credited tokens to drain real assets from the network. The incident highlights ongoing security risks facing decentralized cross-chain trading platforms.

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