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Taiko Halts Withdrawals as Hackers Pull $1.7M Through Bridge Validation Flaw

Bitcoin.com

Bitcoin News / Bitcoin.com 678 Views

Taiko exploit sees criminals make of with $1.7 millionEthereum scaling solution Taiko confirmed that its bridge source-signal proof validation mechanism was compromised, allowing hackers to bypass protocols and drain an estimated $1.7 million from its ERC-20 vault. Technical Flaw Leads to $1.7 Million Loss Ethereum scaling solution Taiko confirmed June 22 that its chain state verification mechanism had been compromised. As a consequence, […]
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