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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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Taiko Ethereum Layer 2 Network Halts After $1.7 Million Theft The Ethereum Layer 2 network Taiko has halted its operations following a security exploit that led to a theft of $1.7 million. Hackers exploited a vulnerability in the bridge infrastructure, specifically by forging withdrawal proofs, which allowed them to execute fake withdrawals without corresponding deposits. As a result, Taiko has stopped block production and has issued warnings to users to withdraw their funds immediately. The incident raises significant concerns about the security of Layer 2 solutions and their bridge mechanisms. The exact nature of the vulnerability has not been detailed, but it highlights the ongoing risks associated with decentralized finance platforms. Users are advised to remain vigilant and monitor their accounts for any unusual activity. 3 sources 66

Cryptocurrency prices show mixed movements with... | Pluang – Crypto, Stocks, Gold & Funds

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