business
Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
Key takeaways
- Ethereum layer-2 scaling network Taiko’s cross-chain bridge is back online, just 10 days after the June 22 hack.
- The protocol halted operations after the attack, which stemmed from a compromised SGX signing key mistakenly exposed on GitHub.
- Bridge exploits involving exposed keys remain a persistent challenge in crypto, with hundreds of millions lost industry-wide in 2026.
Ethereum layer-2 scaling network Taiko’s cross-chain bridge is back online, just 10 days after the June 22 hack.
The protocol halted operations after the attack, which stemmed from a compromised SGX signing key mistakenly exposed on GitHub. The flaw enabled an attacker to forge withdrawal proofs, draining roughly $1.7 million from the bridge and ERC20 Vault contracts.
Bridge exploits involving exposed keys remain a persistent challenge in crypto, with hundreds of millions lost industry-wide in 2026. However, Taiko’s quick recovery stands out, with every user made whole in less than two weeks.
Article preview — originally published by CoinDesk. Full story at the source.
Read full story on CoinDesk →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from CoinDesk alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop