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Stocks Activities

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Launch

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Top-tier quant strategies

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Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

Taiko Urges Bridge Withdrawals After $2.2M L2 Proof Failure

2026-06-26 14:21:44

Taiko urged users to withdraw funds from all bridges deployed on Taiko after a chain state verification compromise led to losses of roughly $2.2 million. Blockaid said crafted message proofs were accepted as valid on Ethereum L1 without corresponding legitimate MessageSent events on the Taiko source chain. Taiko asked centralized exchanges to suspend TAIKO deposits until an official notice and indicated affected users' funds are expected to be reimbursed from the protocol treasury.

TAIKO3.68%

ETH0.43%

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