Taiko Halts Withdrawals as Hackers Pull $1.7M Through Bridge Validation Flaw

Ethereum scaling solution Taiko confirmed that its bridge source-signal proof validation mechanism was compromised, allowing hackers to bypass protocols and drain an estimated $1.7 million from its ERC-20 vault. Technical Flaw Leads to $1.7 Million Loss Ethereum scaling solution Taiko confirmed June 22 that its chain state verification mechanism had been compromised. As a consequence, […]

Source: https://news.bitcoin.com/taiko-halts-withdrawals-as-hackers-pull-1-7m-through-bridge-validation-flaw/