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Taiko warns users to exit bridges after $1m vault exploit – TON BOT

Taiko warns users to exit bridges after $1m vault exploit

Taiko advised users to withdraw funds from its network’s bridges due to a compromise in its chain state verification mechanism. Blockaid discovered flaws in the source-signal proof checks that allowed unauthorized releases from Taiko’s ERC20 Vault on Ethereum. The project has stopped block production and asked exchanges to suspend TAIKO deposits.


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