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….

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France to Phase Out Non-Quantum Encryption as Bitcoin Security Concerns Grow

In brief France will stop certifying security products that lack quantum-safe encryption beginning in 2027. Officials cited concerns that future quantum computers could decrypt encrypted data stolen today. The move comes as crypto developers and wallet providers prepare for potential quantum threats to Bitcoin and other blockchains. France is preparing to phase out security products…

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