via Cointelegraph · By Cointelegraph Staff
Taiko Bridge Exploited for Up to $1.7M in DeFi Hack
TAIKO/USDT
$9,694,197.62
$0.0756 / $0.0681
Change: $0.007500 (11.01%)
-0.6149%
Shorts pay
Taiko, an Ethereum layer-2 blockchain, has urged its users to withdraw assets from the network’s bridges after an exploit on one of its bridge protocols saw attackers make off with $1.7 million in the latest decentralized finance hack this month.
“We have confirmed a compromise of Taiko’s chain state verification mechanism,” Taiko posted to X early on Monday. “As a result, the…
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