Taiko ERC20 Vault was attacked, resulting in losses exceeding 1 million dollars
By: www.chaincatcher.com|2026/06/22 20:45:02
0
Share
Prefer us on Google
According to monitoring by Blockaid, Taiko's ERC20 Vault on Ethereum was attacked, resulting in losses exceeding 1 million dollars. The root of the vulnerability lies in the flawed verification of source signal proofs in Taiko's cross-chain bridge, where the constructed message proof was accepted as valid on Ethereum L1 without the corresponding legitimate MessageSent event on Taiko's source chain, allowing attackers to register and extract fraudulent cross-chain messages, thereby unauthorizedly releasing assets from the ERC20 Vault.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
The Taiko network has resumed operation, and cross-chain bridge assets have been restored to full 1:1 support
According to official news, Taiko stated that the network has resumed online, and user assets have not been lost. Currently, the second and third steps of the cross-chain bridge related repairs have been completed, and the assets within the bridge have been restored to a 1:1 full support correspondi...
Taiko: The attack path on June 21 has been blocked, and the network will be restarted in four steps
The Ethereum Layer2 project Taiko announced that the attack path that occurred on June 21 has been blocked, and the related fixes have been reviewed by independent security experts, ensuring that user funds will not suffer losses.The team has developed a four-step restart plan: the first step is to ...
Taiko released a security incident update, initiated testing of the repair plan, and will complete full collateralization of bridging assets before the restart
The Ethereum Layer2 project Taiko has released the latest developments on the security incident, stating that this incident will not result in any loss of user funds. Currently, the bridged assets are in a state of insufficient collateral, and all additional collateral will be completed before the b...
Taiko updates on the theft progress, the cause of the attack has been identified, and they are cooperating with CEX and security companies to recover the stolen assets
Taiko officially stated on X: "We have identified the root cause of this attack and are currently developing a fix to restore the blockchain's online operation as soon as possible. At the same time, we are working closely with major exchanges and security partners to track and freeze the hacker's as...
Taiko has thoroughly identified the root cause of the attack incident and developed a remediation plan
Taiko official announcement, the root cause of the attack has been thoroughly investigated, and the team has developed a remediation plan to safely restore blockchain operations in the coming days.Priority will be given to addressing the issues of affected users, and discussions will be held with th...
All Proposers of Taiko have suspended block production and are investigating the incident of the chain state verification mechanism being compromised
Taiko posted on platform X stating that all Proposers (nodes responsible for producing new blocks) have suspended block production. Taiko mentioned that the team is currently investigating the breach of the chain state validation mechanism and is continuously assessing the scope of the incident's im...
Boundless has released a project progress report, becoming the largest fully decentralized ZK Proof network at scale
BlockBeats News, March 7th, Boundless Official Article stated that since the beginning of the year, its network has made significant progress in multiple dimensions and has become the largest fully decentralized ZK proof network to date.According to the official update, since January 2026, Boundless...
LayerBank has completed a $2.3 million Pre-Seed funding round, with participation from Taiko and others.
BlockBeats News, December 5th: DeFi platform LayerBank has completed a $2.3 million Pre-Seed funding round. Investors in this round include Move Industries CEO Torab Torabi, the Coin Bureau Chinese team, DVchain, Taiko, Rootstock, as well as several well-known angel investors and ecosystem contribut...
When Bitcoin's Unsolved Mystery Meets a New Meme
DEEPCOIN Completes System Penetration Testing with HackenProof to Strengthen Asset Security
In the 17th Year of the Crypto Era, Where is Solana's Path to Survival?
Oil Crisis: 5 Reasons Why the Surge Won't Stop
Gasoline, diesel: between the Hormuz blockade and the crisis in the Red Sea, why pump prices (€2.10-€2.30/L) won't drop anytime soon. Our 5 quantified explanations.
SEC Reveals Progress on Key Measures to Drive Quality in Thailand's Investment Market
Real Review of World.xyz: Millisecond Trading and Betting Against Market Makers
Trump's Poll Numbers Decline, Bond Market Out of Control: Is Walsh's Independent Space Opening Up?
ESMA Warns of Growing Links Between Crypto and Finance
How to Calculate Bitcoin Profit for Beginners Easily - Fintech World
How to calculate Bitcoin profit for beginners using a simple formula. Check out examples of profit, profit percentages, transaction fees, and Bitcoin taxes.
![[Full Text] Solana Foundation: "Korean STOs Should Start Within Regulations and Expand Globally"](/public-static/10_5acc261b9b.png?format=avif)
[Full Text] Solana Foundation: "Korean STOs Should Start Within Regulations and Expand Globally"
The Solana Foundation emphasized that the Korean token securities (STO) market should first conduct technical verification in line with domestic regulations and financial infrastructure before expanding to the global market. On the 11th, Kim Chae-rin stated this at the summit, saying, "In one senten...
Can Bitcoin Be Bought with Rp50,000? Here's How - Fintech World
Can Bitcoin be bought with Rp50,000? Check out the minimum Bitcoin purchase on Indodax, how to buy, calculation examples, and tips for beginners.
Bab el-Mandeb: Oil, Bitcoin, or... what are the consequences for the economy?
Anthropic: The Report That Implicates Claude, Between Missiles, Espionage in Mali, and Chinese Pillaging
Anthropic unveils its most detailed threat intelligence report: cyberattacks, missiles against Taiwan, espionage in Mali, and Chinese plundering of Claude.
Financial Services Agency Reports 1,961 Cases of Fraudulent Investment Solicitation from April to June, Over 80% Resulted in Losses
724 Eggs Cracked, 11,348 Traders Joined: WEEX TradFi Lucky Egg Campaign Hits 10M+ USDT in Trading Volume
11,348 participants, 724 Lucky Eggs cracked, and 10M+ USDT traded. See the latest WEEX TradFi Lucky Egg Campaign results and crack your next egg before September 17.
JPMorgan Bullish on Meta: Muse, Model API, and Subscriptions Support $820 Target Price
Pump.fun Analysis: Is It Severely Undervalued, and What Should Its Target Price Be?
Bitget Wallet joins BCCC to take part in Japan’s self custody debate
Blockstream Refuses Ransom to Liquid Attackers; 4,000 Bitcoins Stolen, Over 80% Already Returned
Kalshi plans 24/7 Tesla, Apple and Nvidia perps
Russia to require tax IDs for opening crypto depository accounts
How to Raise iPhone Prices Without Hurting Sales? JPMorgan Analyzes Apple's 'Installment Strategy'
The Taiko network has resumed operation, and cross-chain bridge assets have been restored to full 1:1 support
According to official news, Taiko stated that the network has resumed online, and user assets have not been lost. Currently, the second and third steps of the cross-chain bridge related repairs have been completed, and the assets within the bridge have been restored to a 1:1 full support correspondi...
Taiko: The attack path on June 21 has been blocked, and the network will be restarted in four steps
The Ethereum Layer2 project Taiko announced that the attack path that occurred on June 21 has been blocked, and the related fixes have been reviewed by independent security experts, ensuring that user funds will not suffer losses.The team has developed a four-step restart plan: the first step is to ...
Taiko released a security incident update, initiated testing of the repair plan, and will complete full collateralization of bridging assets before the restart
The Ethereum Layer2 project Taiko has released the latest developments on the security incident, stating that this incident will not result in any loss of user funds. Currently, the bridged assets are in a state of insufficient collateral, and all additional collateral will be completed before the b...
Taiko updates on the theft progress, the cause of the attack has been identified, and they are cooperating with CEX and security companies to recover the stolen assets
Taiko officially stated on X: "We have identified the root cause of this attack and are currently developing a fix to restore the blockchain's online operation as soon as possible. At the same time, we are working closely with major exchanges and security partners to track and freeze the hacker's as...
Taiko has thoroughly identified the root cause of the attack incident and developed a remediation plan
Taiko official announcement, the root cause of the attack has been thoroughly investigated, and the team has developed a remediation plan to safely restore blockchain operations in the coming days.Priority will be given to addressing the issues of affected users, and discussions will be held with th...
All Proposers of Taiko have suspended block production and are investigating the incident of the chain state verification mechanism being compromised
Taiko posted on platform X stating that all Proposers (nodes responsible for producing new blocks) have suspended block production. Taiko mentioned that the team is currently investigating the breach of the chain state validation mechanism and is continuously assessing the scope of the incident's im...
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
