The post Crypto News Today: Taiko Issues Urgent Warning After Bridge Security Breach appeared first on Coinpedia Fintech News
Layer-2 blockchain project Taiko has issued an urgent security warning after confirming that its chain state verification mechanism was compromised. This puts the security of all bridges deployed on the network at risk. 🚨Blockaid’s exploit detection system has identified an ongoing exploit on @taikoxyz ERC20 Vault on Ethereum (~$1M+)More details in 🧵— Blockaid (@blockaid_) June …