Taiko’s bridge and ERC20 Vault on Ethereum suffered a compromise in its chain state verification mechanism, allowing forged proofs and unauthorized withdrawals.
Source: [CoinTelegraph](https://cointelegraph.com/news/taiko-urges-users-to-withdraw-as-bridge-exploit-drains-17m?utm_source=rss&utm_medium=rss&utm_campaign=rss)