Taiko urges users to withdraw as bridge exploit drains $1.7M

Taiko urges users to withdraw as bridge exploit drains $1.7M
CoinKaya Brief

Market News Summary

Taiko’s bridge and ERC20 Vault on Ethereum suffered a compromise in its chain state verification mechanism, allowing forged proofs and unauthorized withdrawals.

Original Source Cointelegraph
Published June 22, 2026

Key Points

  • This brief is based on a public crypto market headline from Cointelegraph.
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