Ethereum Layer-2 Taiko Warns Users to Withdraw Bridge Funds After Security Breach
In brief Taiko said its chain state verification mechanism was compromised and urged users to withdraw funds from all bridges on the network. BlockSec Phalcon estimated losses exceeding $1.7 million and linked the attack to an exposed Raiko SGX enclave signing key. The breach raises questions about the security of the protocol’s proof verification infrastructure….
