Community Articles
via Decrypt · By Decrypt Editorial
Ethereum Layer-2 Taiko Warns Users to Withdraw Bridge Funds After Security Breach
ETH
ETH/USDT
$1,693.78
-3.09%
$1,693.78
-3.09%
(24s)24h Volume
$10,793,698,540.52
24h H/L
$1,779.90 / $1,680.52
Change: $99.38 (5.91%)
Long/Short
76.4%
Long: 76.4%Short: 23.5%
Funding Rate
-0.0010%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:31 PM UTC)
1 min read
1180 views
0 commentsIn brief
- Taiko said its chain state verification mechanism was compromised and urged users to withdraw funds from all bridges on the network.
- BlockSec Phalcon estimated losses exceeding $1.7 million and linked the attack to an exposed Raiko SGX enclave signing key.
- The breach raises questions about the security of the protocol's proof verification infrastructure.
The developers behind the Taiko…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles
Ethereum Scaling and AI Integration Explored at Based Rollup Summit During ETHCC Cannes 2025
July 1, 2025 at 03:33 AM UTC
Binance May Expand Trading Options With New TAIKO Perpetual Contracts Offering Up to 50x Leverage
June 11, 2025 at 03:58 PM UTC
Potential Opportunities Emerge for MOVE Holders Amid Growing Interest in Airdrops and Community Engagement
December 10, 2024 at 01:01 AM UTC