Taiko disclosed that its chain certification mechanism had been destroyed, which deprived the cross-chain bridge deployed on the network of its original security prerequisites. The projecter has reminded the user to withdraw the funds from the relevant bridging agreement as soon as possible and has requested that the CEX suspend TAIKO recharge.
It's affecting the security of all bridges.
Taiko released a note on platform X stating that the team had confirmed that there was a problem with the chain status verification mechanism, so that all cross-chain bridges on the network could no longer operate as originally assumed. The project party indicated that it was working with the Security Committee and the ecological partners and, to the extent feasible, suspended the affected systems.
Such certification mechanisms are usually used to confirm whether the chain state is genuine or effective. Once the link is broken, the verification basis for cross-chain transactions will be weakened and bridge assets will face a higher risk.
User requested immediate withdrawal
As an interim measure, Taiko recommended that users not continue to wait and that funds should be withdrawn from the various bridges deployed on the network as soon as possible in order to reduce the possibility of further losses.
At the same time, the project party called on the Centralized Exchange to suspend the taiko token until further notice. Taiko also published the wallet addresses of the attackers to facilitate the tracking of unusual financial flows by the trading platform and the investigator and to seek to freeze stolen assets.
- Users are advised to evacuate bridge funds immediately.
- Exchange requested to suspend TAIKO recharge
- The addresses of the attackers have been made public.
Identified losses in excess of $1 million
Prior to Taiko ' s announcement, Block Chain Security Blockaid had disclosed that Taiko had been attacked at the ERC20 Vault in the Ether House, at a loss of over $1 million.
Preliminary information indicates that the problem may occur at the source-signal proof verification link of the bridge. This module, which is used to verify the establishment of cross-chain messages and transactions, is a key part of the bridging system. Taiko states that the extent of the impact of the incident is still under investigation and that the final loss is not yet fully clear.
Cross-chain bridges have long been a high security incident area in the encryption industry. The incident not only put immediate pressure on the Taiko ecology, but also revealed once again the vulnerability of the cross-chain infrastructure to validation and asset hosting.