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Has anyone noticed? Two bridges have been compromised this week. Yesterday, the Secret Network's Axelar bridge was drained of $4.67 million, and today, Taiko L2 was directly halted, chain validation was bypassed with forged proofs, and $1.7 million vanished. The official statement was just: "Pause, withdraw."
The script of cross-chain bridges repeats every cycle.
TAIKO is at 0.073, down over 10% in 24 hours. Resistance levels are at 0.085 and 0.103; support levels are at 0.076 and 0.059. The outflow of funds from security incidents is different from normal pullbacks; no one knows if the bridge is still operational.
On the other side, DEXE surged 12% today, with trading volume doubling. Same market, two very different realities.
BTC is hovering around 64,100, with ETF net outflows for six consecutive weeks. Resistance levels are at 66,300 and 69,300; support levels are at 61,300 and 59,300. After staying above 60k for so long, buying interest remains but lacks momentum.
Honestly, market desensitization to bridge vulnerabilities is the most dangerous signal. Every time, it’s treated as a minor issue—until one day, the amount becomes too large to ignore.