Taiko Bridge may have suffered an attack that caused up to $1.7 million in losses, but the evidence package available for this draft does not establish the exploit path, the affected wallets, or whether the reported damage was fully realized.
Taiko urged users to withdraw bridge funds after a verification mechanism compromise, while Blockaid reported more than $1m in vault losses.
Layer-2 blockchain project Taiko has issued an urgent security warning after confirming that its chain state verification mechanism was compromised. This puts the security of all bridges deployed on the network at risk.