Taiko’s bridge and ERC20 Vault on Ethereum suffered a compromise in its chain state verification mechanism, allowing forged proofs and unauthorized withdrawals.
Taiko's bridge and ERC20 Vault on Ethereum experienced a significant security breach. A critical flaw in its chain state verification mechanism allowed forged proofs and unauthorized withdrawals, leading to a $1.7 million drain. Users are now urgently advised to withdraw their…
Market Samachar is a news aggregator. This article was originally published by Cointelegraph.com News. Tap the button above to read the full story on their site.