Cryptocurrency News

Maiar decentralized crypto exchange goes offline after bug discovery

2022.06.07 14:41

Maiar decentralized crypto exchange goes offline after bug discovery
Maiar decentralized crypto exchange goes offline after bug discovery

The Maiar Exchange, a decentralized exchange (DEX) native to the Elrond blockchain, has been temporarily taken offline after an attacker utilized an exploit and made off with roughly $113 million worth of Elrond eGold (EGLD).

Minutes before 12:00 am UTC on Monday, the co-founder and CEO of Elrond, Beniamin Mincu, tweeted that he and his team were “investigating a set of suspicious activities” on the Maiar decentralized cryptocurrency exchange.

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