Maya Protocol lost an estimated $1.7 million in an exploit on Wednesday, and the numbers make the situation look even worse for the protocol as its Immunefi bug bounty, which covers the THORChain fork, puts the maximum payout for a critical vulnerability at just $35,000.
At first, the team described what happened as an “unexplained incident.” That didn’t last long. MANTRA later said an attacker had attempted to exploit a vulnerability in an upstream dependency software the chain relies on but doesn’t directly control.
On Tuesday, the regulator shortlisted Bitcoin, Ether and Tether's USDT as the only crypto assets non-professional Russians will be allowed to trade once the country's new digital currency law takes effect. on September 1.
Thune confirmed that lawmakers won’t vote on it before the recess, blaming Democrats for holding things up.
Gold is currently owning the spotlight as it pushed higher again on Tuesday, trading near $4,080 an ounce it's highest reach since June 2022, this happened after investors weighed diplomatic movement on reopening the Strait of Hormuz