The project said a compromise of its chain state verification mechanism means the security assumptions behind all bridges deployed on Taiko can no longer be relied on.
Taiko told users to withdraw funds from bridges after confirming a compromise of its chain state verification mechanism, a core component used to validate the network’s state. The project said the security assumptions of all bridges deployed on Taiko can no longer be relied on, signaling a broad risk to cross-chain transfers that depend on those checks. In practice, bridge users are being warned that protections underpinning asset movements between networks may no longer hold until the issue is addressed.