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cryptoAug 19, 2026, 5:00 PM

Maya Protocol Halts Network After $1.7M Hack; SEC Proposes Crypto Rules

Maya Protocol paused its network after an exploit drained about $1.7 million, while the SEC floated new crypto-market rules and BlackRock cited AI rotation as a headwind for bitcoin.

BTCUSD

Maya Protocol has paused its network after reporting an exploit that led to about $1.7 million in losses.

The update also highlighted several other developments:

  • The U.S. SEC proposed new rules for the crypto market.
  • BlackRock said rotation into AI is one factor putting pressure on bitcoin.
  • BitBox addressed two serious vulnerabilities in its bitcoin wallet firmware.
  • HSBC and Standard Chartered conducted their first transaction in a SWIFT blockchain-based system.
  • OpenAI slowed development of AI models due to cyber risks.
  • An investigation reported that Amazon scanned and destroyed rare books to train AI.

Source: ForkLog