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$1.7M stolen in Taiko Ethereum layer-2 bridge h... | Pluang – Crypto, Stocks, Gold & Funds

Pluang • June 22, 2026

Taiko, an Ethereum Layer 2 network, stopped block production and urged users to withdraw funds after an attacker exploited its bridge to steal $1.7 million. The attacker forged withdrawal proofs, allowing fake withdrawals without matching depos...

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This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Taiko Ethereum Layer 2 Network Halts After $1.7M Bridge Exploit Taiko, an Ethereum Layer 2 rollup, has halted block production following a security breach affecting its bridge mechanism. An attacker exploited a flaw in the bridge's message-proof verification, allowing them to forge withdrawal requests without legitimate deposits. The estimated losses amount to $1.7 million, with 1.99 million Taiko tokens transferred to the MEXC exchange. Taiko has urged users to withdraw funds from all bridges and requested centralized exchanges to suspend deposits of its native token. The incident was initially reported by Blockaid, which identified the root cause as an exposed signing key on GitHub. The team is coordinating with its Security Council and ecosystem partners to contain the incident and prepare a post-mortem report. The breach highlights vulnerabilities in cross-chain bridges, which have been targeted in multiple exploits this year. 11 sources 71

$1.7M stolen in Taiko Ethereum layer-2 bridge h... | Pluang – Crypto, Stocks, Gold & Funds

The full story

Extracted Entities

Attack Types (1)

Companies (2)