Six bugs in a row: how MAYAChain lost 20 BTC and $10.9 million in pool value
MAYAChain experienced a significant loss of 20.83 bitcoin, valued at approximately $1.34 million, due to a series of six software bugs. These bugs created a phantom balance in a liquidity pool, leading to an attacker withdrawing assets and causing the total value of MAYAChain's liquidity pools to fall by $10.9 million. The protocol has halted trading to address the issue and is considering options for recovery, including a bug bounty appeal and potential investments.
- Entities
- Game: Ether
- Company: MAYAChain
- Topic: DeFi
- Company: Aztec Chain
- Topic: Cryptocurrency
- Topic: Software Bug
- Topic: Exploits
- Company: Maya Protocol
- Game: Bitcoin
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