Taiko Chain-State Verification Compromised With Over $1M Lost In ERC20 Vault Attack
2026-06-22 09:30

Monitored by Woofun AI, the chain-state verification mechanism of Taiko has been compromised, prompting urgent warnings for users to withdraw assets from its cross-chain bridge. The security breach resulted in an attack on the Taiko ERC20 Vault, causing losses exceeding $1 million.

Concurrently, Altura’s CEO announced the gradual shutdown of the platform's vault following a surge in user withdrawals, highlighting broader stability concerns in the sector.

In macro developments, US Vice President Pence noted that Trump is calling for 'opening a new chapter' and working towards a comprehensive regional ceasefire.

Meanwhile, geopolitical tensions persist as Trump warned Iran against closing the Strait of Hormuz, while an advisor to Iran’s supreme leader stated that Iran will not abandon capabilities gained in the region. On the infrastructure front, Serenity reevaluated SIVE, suggesting the next-generation optical interconnection supply chain for AI data centers holds significant value. Citrini projected that hyper-scale cloud service providers may issue substantially more bonds than anticipated over the next two years, while CITIC Construction Investment highlighted rapid evolution in domestic AI models and growing computing power demand.

Additionally, Satoshi Nakamoto’s response from 16 years ago regarding lost BTC was clarified as a donation to all Bitcoin holders.

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