10.7K @CryptoTimes_io ALERT: Taiko has suffered an exploit resulting in approximately $1.7 million in losses.
The protocol has confirmed a compromise of its chain state verification mechanism and is urging all users to withdraw funds from Taiko bridges immediately as a precaution. https://t.co/JJPMnv8p6k
0
0
289
63.9K @coin68 Taiko was exploited by hackers through an authentication flaw, resulting in a loss of over $1.7 million, and users are urgently requested to withdraw their assets from the entire bridge.
Read more: https://t.co/qMqUPy3jzC https://t.co/jX3t3sL0Uv
2
0
326
77.7K @stacy_muur Taiko chain state verification compromised
Bridges deployed on Taiko might be unreliable.
The ERC20 Vault was exploited for over $1M in losses, and Taiko has paused affected systems and asked CEXs to suspend TAIKO deposits.
When will this come to an end?
809.8K @taikoxyz ⚠️ Security Notice
1/2: We have confirmed a compromise of Taiko’s chain state verification mechanism. As a result, the security assumptions of all bridges deployed on Taiko can no longer be relied upon.
We are actively coordinating with the Security Council and ecosystem partners to contain the incident, pause affected systems where possible, and take all necessary technical and legal actions.
We strongly advise all users to withdraw their funds from all bridges deployed on Taiko immediately.
Further updates will be provided as more information becomes available.
13
7
3.1K
