Ethereum-based rollup Taiko has confirmed a compromise of its chain state verification mechanism.
In a statement on the social media platform X, Taiko said that due to the compromise, all bridges deployed on the protocol are no longer considered secure.
"We are actively coordinating with the Security Council and ecosystem partners to contain the incident, pause affected systems where possible, and take all necessary technical and legal actions," Taiko wrote. "We strongly advise all users to withdraw their funds from all bridges deployed on Taiko immediately."
Taiko also requested that centralized exchanges suspend deposits of its native token immediately until further notice from the protocol.
In a follow-up X post, Taiko wrote that all of its proposers have halted the production of new blocks while the team investigates the issue.
