Taiko: Attacker Exploited a Vulnerability in the Cross-Chain Bridge Message Proof Verification

CoinFeed June 22 news, Taiko released an explanation regarding today's security incident, stating that the attacker exploited a vulnerability in its cross-chain bridge message proof verification. The forged message proof was accepted on L1, while no legitimate event was generated on the source chain, allowing the attacker to register fraudulent withdrawals and extract funds from the bridge contract and token vault. According to current estimates, the loss before suspending services was approximately $1.7 million. Earlier news, Taiko stated that the security incident has been contained, and the cross-chain bridge and vault have been suspended.