Security Breach at Ethereum Layer-2 Taiko Results in Significant Losses
Taiko, an Ethereum Layer-2 solution, has alerted users to withdraw their bridge funds following a security incident that may have led to over $1.7 million in losses.
Editorial Staff
1 min read
Updated about 18 hours ago
On June 22, 2026, Taiko, an Ethereum Layer-2 platform, reported a security breach that has raised concerns among its users.
Researchers estimate that attackers exploited vulnerabilities in Taiko's proof verification process, resulting in an estimated loss of more than $1.7 million.
In light of this incident, Taiko has urged users to withdraw their bridge funds to mitigate potential risks.