Taiko halts its Ethereum layer 2 network after a bridge exploit, token dives 10%

By Shaurya Malwa

Taiko halts its Ethereum layer 2 network after a bridge exploit, token dives 10%

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

Not financial advice. Do your own research before making investment decisions.

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