Researchers estimate more than $1.7 million was stolen after attackers allegedly exploited Taiko's proof verification process.

Taiko's ERC20 vault was exploited for $1.7M due to a cross-chain bridge proof verification flaw, with $2M in TKO tokens deposited to MEXC by the attacker.

Onchain security firm Blockaid said the root cause of the exploit could be a flaw in Taiko bridge's source-signal proof validation.

Taiko’s bridge was exploited for up to $1.7 million after attackers forged cross-chain message proofs and drained its ERC20 vault.

Un grave hack bridge Taiko ha saccheggiato 1,7 milioni di dollari, mettendo in allerta il mondo crypto. Scopri come è successo e le reazioni di Taiko.

An attacker forged withdrawal proofs to drain about $1.7 million, the same type of flaw behind this year's biggest bridge hacks. Fast containment kept the damage small.

Taiko bridge exploit leads to $1.7M loss. Discover how a design flaw compromised the Ethereum layer-2 scaling solution.

Researchers estimate more than $1.7 million was stolen after attackers allegedly exploited Taiko's proof verification process.