🚹 Maya Protocol Exploit Drains $1.7M in Crypto as CACAO Collapses Nearly 89% 📉🐋

Maya Protocol has halted MAYAChain after an attacker exploited multiple software vulnerabilities to manipulate pool accounting and drain approximately $1.7 million in $BTC and other assets.

⚠ What happened:
‱ Around 20 $BTC was reportedly drained
‱ An attacker exploited six connected software flaws
‱ Nearly 49M CACAO was incorrectly credited to a liquidity pool
‱ CACAO plunged almost 89% during the chaos
‱ Total pool value fell by roughly $10.9M
‱ Trading has been halted while the team investigates

đŸ’„ The incident highlights the risks of cross-chain protocols, smart-contract accounting, and liquidity mechanisms. The direct theft is significantly smaller than the overall pool losses caused by token depreciation and arbitrage activity.
👀 Traders are now watching Maya Protocol's recovery plan, security fixes, and whether the drained funds can be recovered.
đŸ”„ Is this a temporary security crisis or a major confidence blow for Maya Protocol? Share your take below.
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