Taiko Bridge Hack Drains $1.7M

1 hour ago 3

Rommie Analytics

Key Takeaways:

  • Taiko confirmed a compromise in its chain state verification mechanism.
  • The exploit is estimated to have cashed out a sum of approximately USD 1.7 million from the infrastructure of the protocol’s bridge.
  • All users have been advised to remove assets from all the deployed bridges on Taiko.