Maya Protocol just got rekt.
Attacker drained $BTC + other assets by exploiting a bug that let them credit pools without actually depositing tokens. Classic cross-chain vulnerability.
The real issue: Cross-chain infra is critical for DeFi but it's also the juiciest attack surface in crypto. Bridges, protocols, swaps—all honeypots if security isn't bulletproof.
Lesson for degens: Innovation is cool, but if your protocol can't survive a motivated attacker, it's just exit liquidity waiting to happen.
Next bull run won't be won by who ships fastest. It'll be won by who doesn't get exploited. Security > speed.
Attacker drained $BTC + other assets by exploiting a bug that let them credit pools without actually depositing tokens. Classic cross-chain vulnerability.
The real issue: Cross-chain infra is critical for DeFi but it's also the juiciest attack surface in crypto. Bridges, protocols, swaps—all honeypots if security isn't bulletproof.
Lesson for degens: Innovation is cool, but if your protocol can't survive a motivated attacker, it's just exit liquidity waiting to happen.
Next bull run won't be won by who ships fastest. It'll be won by who doesn't get exploited. Security > speed.