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Jun 22, 2026

Taiko Ethereum Layer 2 Halts Block Production After $1.7 Million Bridge Exploit

Ethereum-based rollup Taiko confirmed a compromise of its chain state verification mechanism, halting block production and urging users to withdraw funds. The exploit resulted in approximately $1.7 million in losses.

Jun 22, 2026·3 sources
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Top claims

  • ▪Taiko is coordinating with its Security Council and ecosystem partners and may take legal action against the attacker.
  • ▪One of the attacker's addresses still holds 870.8 ETH, valued at nearly $1.52 million.
  • ▪The Taiko team requested that centralized exchanges suspend deposits of its native TAIKO token until further notice.

Topics

Crypto hacksEthereum Layer 2s & scalingDeFi

Related entities

Blockchain SecurityBridge exploit
Ethereum

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