Another blow to trust in DeFi: the Maya Protocol network was shut down after a hack.
In the night of August 19, the team behind the cross-chain project Maya Protocol paused the network after a hacker attack. According to the co-founder under the pseudonym Aaluxx, the damage amounted to about $1.7 million. It’s reported that the attacker withdrew 20 BTC. The team said it will work to fix the situation and fully restore operations. (ForkLog)
Why it matters: it seems the market is receiving another reminder that cross-chain infrastructure remains one of the most vulnerable areas in crypto. This could mean a stronger focus by investors and users on protocol security, code audits, and how quickly teams respond in a crisis. For the sector, this is not only about direct losses, but also a blow to the reputation of solutions that promise seamless liquidity between networks.
What do you think—do incidents like this hit a specific project harder, or trust in the entire cross-chain protocol segment?
Live breakdowns and a full log — on X: @TyumaBidrouINW
In the night of August 19, the team behind the cross-chain project Maya Protocol paused the network after a hacker attack. According to the co-founder under the pseudonym Aaluxx, the damage amounted to about $1.7 million. It’s reported that the attacker withdrew 20 BTC. The team said it will work to fix the situation and fully restore operations. (ForkLog)
Why it matters: it seems the market is receiving another reminder that cross-chain infrastructure remains one of the most vulnerable areas in crypto. This could mean a stronger focus by investors and users on protocol security, code audits, and how quickly teams respond in a crisis. For the sector, this is not only about direct losses, but also a blow to the reputation of solutions that promise seamless liquidity between networks.
What do you think—do incidents like this hit a specific project harder, or trust in the entire cross-chain protocol segment?
Live breakdowns and a full log — on X: @TyumaBidrouINW