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Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives

Crypto CoinDesk By Shaurya Malwa 22 Jun 2026 09:23 1 min read
Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives

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.

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.

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