Taiko Chain’s state verification mechanism has been compromised; users are advised to immediately withdraw funds from the cross-chain bridge
Svmuu News: Taiko posted on X stating that it has confirmed its chain state verification mechanism has been compromised, and that the security assumptions for all cross-chain bridges deployed on Taiko are no longer reliable. Taiko said it is coordinating with its security committee and ecosystem partners to manage the situation, has suspended the affected systems, and is taking technical and legal actions. Taiko strongly advises all users to immediately withdraw their funds from cross-chain bridges deployed on Taiko. Additionally, Taiko urgently requests that all centralized exchanges suspend TAIKO token deposits until further official notice. Previously, the Taiko ERC20 Vault was attacked, resulting in losses exceeding $1 million.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
FXBK Coin Analysis: What Is It? Is It Worth Investing In?
-
2
Bitcoin rises above $77,000, bucking tech selloff driven by AI safety concerns and rising oil prices
-
3
Cosco Shipping Heavy Industry Completes China IPO Guidance Registration
-
4
Taiwan to open second quasi-diplomatic mission in the Philippines, sources say
-
5
Xi Pitches AI Vision as Silicon Valley Leaders Tap Brakes
-
6
Samsung Display develops world's first 6.9-inch mobile OLED panel with 2K resolution, 165Hz refresh rate, and 30% lower power consumption
-
7
INX Token Trading Guide: Distinguishing Infinex and INX Limited Tokens and Trading Platforms
-
8
ATPAD (AtomPad) Project Status Analysis: An Inactive Cryptocurrency
-
9
GLIDE Coin Analysis: Project Status and Market Liquidity Analysis
-
10
AntiMatter (MATTER) Token Analysis: Trading, Buying, and Market Status
Markets Today
Recommended Reading







