Taiko chain state verification mechanism compromised, users urged to immediately withdraw cross-chain bridge funds

Odaily Planet Daily reported that Taiko posted on the X platform, stating that its chain state verification mechanism has been compromised, and the security assumptions of all cross-chain bridges deployed on Taiko are no longer reliable.

Taiko stated that it is coordinating with the Security Council and ecosystem partners to control the situation, suspending affected systems, and taking technical and legal actions. Taiko strongly recommends that all users immediately withdraw funds from cross-chain bridges deployed on Taiko.

In addition, Taiko has urgently requested all centralized exchanges to suspend TAIKO token deposit services until further official notice. Earlier, the Taiko ERC20 Vault was attacked, resulting in losses exceeding $1 million.