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Broken blockchain bridge network

Crypto News Today: Taiko Warns Users After Bridge Breach

Layer-2 blockchain project Taiko has issued an urgent warning after confirming that its chain state verification mechanism was compromised. The security flaw may affect every bridge deployed on the network, placing user funds and cross-chain transactions at risk. Blockaid reported that the incident had caused losses exceeding $1 million. Taiko has advised users to withdraw assets from the affected bridges immediately. The project is working with its Security Council partners to contain the breach, pause vulnerable systems, and investigate the

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