One more safety incident has been reported in the present day, the place the favored Ethereum L2 community Taiko was exploited for round $1.7 million.
Taiko, the Ethereum layer 2 blockchain, has urged customers to withdraw their funds from all bridges deployed on the community instantly.
This follows a affirmation of a safety breach involving the community’s chain state verification mechanism.
We have now confirmed a compromise of Taiko’s chain state verification mechanism. Consequently, the safety assumptions of all bridges deployed on Taiko can now not be relied upon.
The group confirmed that they’re actively working with the Safety Council and varied ecosystem companions to comprise the incident, pause the affected system wherever doable, and take each technical and authorized actions.
Up to now, there isn’t any info on the quantity of funds in jeopardy or if one thing has been stolen.
In line with knowledge from PeckShield, the exploit resulted in a lack of $1.7 million, whereas the attacker has already transferred 1.99 million TAIKO tokens, value barely lower than $200K, to MEXC.
#PeckShieldAlert @taikoxyz has been exploited for ~$1.7M.
The exploiter has already transferred 1.99M $TAIKO (~$189.12K) it #MEXChttps://t.co/uJhqTYrqHH pic.twitter.com/Sl9kesSSUM
— PeckShieldAlert (@PeckShieldAlert) June 22, 2026
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