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Has anyone noticed? Two bridges have been hacked this week. Yesterday, the Secret Network's Axelar bridge drained 4.67 million, and today, Taiko L2 directly stopped producing blocks, chain verification was bypassed with forged proofs, and 1.7 million USD evaporated. The official response was just one sentence: pause, withdraw.
The script of cross-chain bridges repeats every cycle.
TAIKO at 0.073, down over 10% in 24 hours. Resistance levels at 0.085 and 0.103; support levels at 0.076 and 0.059. The fund outflows from security incidents are different from normal corrections; no one knows if the bridge is still operational.
On the other side, DEXE surged 12% today, with trading volume doubling. In the same market, two completely different worlds.
BTC is sideways at 64,100, with ETF net outflows for six consecutive weeks. Resistance levels at 66,300 and 69,300; support levels at 61,300 and 59,300. After hovering 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.