Taiko chain state validation mechanism compromised, users are advised to withdraw funds from related cross-chain bridges immediately
According to ChainCatcher, Taiko posted on X, confirming that Taiko's chain state verification mechanism was breached, and the security assumptions of all cross-chain bridges deployed on Taiko are no longer reliable.
Taiko is coordinating with the Security Council and ecosystem partners to control the situation, suspend affected systems, and take technical and legal actions. Taiko strongly advises all users to immediately withdraw funds from all cross-chain bridges deployed on Taiko.
Taiko urgently requests all centralized exchanges to suspend TAIKO token deposits until further official notice. The attacker's address has been published. Earlier reports indicated that the Taiko ERC20 Vault was attacked, with losses exceeding 1 million US dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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