Ethereum Layer-2 Taiko Hit by Security Breach, Urges Users to Withdraw Bridge Funds

Taiko's chain state verification was compromised, with over $1.7 million stolen. The team urged users to immediately withdraw funds from all bridges on the Ethereum layer-2 network.

• Taiko confirmed its chain state verification mechanism was compromised and advised all users to withdraw funds from bridges immediately.
• BlockSec Phalcon estimates losses exceeding $1.7 million, likely caused by an exposed Raiko SGX enclave signing key on GitHub.
• Attackers may have used compromised verifier instances to generate fraudulent proofs and drain assets from Taiko's ERC20Vault.
• The breach adds to a tough year for DeFi security, with over $840 million lost across protocols in the first five months of 2026.

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