Taiko Bridge Exploit: Verification Flaw Exposes User Funds
The Layer-2's bridge proof mechanism was compromised, putting more than $1M already drained and every remaining bridged position at risk until Taiko confirms a fix.
Decentralized exchanges, AMMs, perpetual DEXs, and on-chain orderbooks — volume, TVL, and DEX activity.
The Layer-2's bridge proof mechanism was compromised, putting more than $1M already drained and every remaining bridged position at risk until Taiko confirms a fix.
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A $10M-backed perps DEX with $1.2M left in TVL is calling it quits — yet another protocol casualty in a cycle where even recognized teams can't turn traction into revenue.
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A new wallet deposited $4.5M USDC into Hyperliquid and lined up limit orders to short $SPCX, betting the post-IPO honeymoon fades fast.