News linked to both this project and an event.
Ethereum Layer 2 blockchain Taiko has stated its chain state verification mechanism has been compromised, and the security assumptions of all bridges deployed on Taiko can no longer be relied upon. It urges users to immediately withdraw funds from the relevant bridges. Taiko says it is coordinating with partners to control the incident and has suspended the affected systems.Crypto security firm Blockaid stated that the root cause appears to be a flaw in the way Taiko's bridge validates source signals. Attackers can submit message proofs on Ethereum that lack legitimate proof from the Taiko chain, thereby registering and withdrawing fraudulent bridge messages. This leads to the unauthorized release of assets from the ERC20 treasury. Blockaid estimates at least $1 million was stolen, while Lookonchain and PeckShield believe the value of stolen assets could be as high as $1.7 million.PeckShield reported that the attacker has transferred approximately 1.99 million TAIKO tokens to MEXC, valued at around $189,000. Data from blockchain intelligence firm Arkham shows that the Taiko attacker's wallet holds approximately $1.5 million in assets, primarily in Ether. (Cointelegraph)
According to PeckShieldAlert monitoring, the Taiko attacker has transferred 1.99 million TAIKO tokens to MEXC, worth approximately $189,100.
According to on-chain analyst Ai Aunt (@ai9684xtpa), the on-chain price of ESPORTS temporarily diverged from Binance’s perpetual contract price by as much as 45%, with a negative funding rate. The current on-chain spot price stands at approximately $0.04072, while Binance’s perpetual contract price is around $0.0492—still reflecting a 20.8% price gap. Reports indicate that Gate, MEXC, and Bitget have suspended token deposits, preventing effective arbitrage from narrowing the price gap between on-chain markets and centralized exchanges, thereby further impacting the performance of Binance’s perpetual contract price index.
According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address Whale0x9eC9 withdrew a total of 10.86 million CHIP tokens—worth approximately $1.26 million—from MEXC and Binance within the past 12 hours.
Odaily News According to Lookonchain monitoring, trader "J3jfq8" spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago. Previously, he made a profit of at least $3.8 million on MOODENG, achieving a return of over 3500x. He spent 8.1 SOL ($1,072) to buy 33.4 million MOODENG when its market cap was only $320,000, and later sold for profit via DEX and MEXC.