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06/22 14:06

Taiko, an Ethereum Layer 2 network that processes

#World Cup Predictions: 100,000 USDT Daily #2026 World Cup Posting Challenge on HTX Square #HTXCommunity4thAnniversary Taiko, an Ethereum Layer 2 network that processes transactions off the main chain and settles them back to it, halted block production and told users to pull their funds after an attacker exploited its bridge earlier Monday. The team estimated losses at about $1.7 million before it stopped the outflows. The attacker forged the proofs a bridge uses to confirm that a withdrawal matches a real deposit. Fake withdrawal requests were accepted on Ethereum without any matching transaction on Taiko's own chain, which let the attacker register fraudulent withdrawals and drain funds from the bridge and its token vault, Taiko said

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