Taiko has thoroughly identified the root cause of the attack incident and developed a remediation plan
Taiko official announcement, the root cause of the attack has been thoroughly investigated, and the team has developed a remediation plan to safely restore blockchain operations in the coming days.
Priority will be given to addressing the issues of affected users, and discussions will be held with the DAO council to explore the best solutions. Yesterday, Taiko's ERC20 Vault on Ethereum was attacked, resulting in losses exceeding 1 million dollars.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Taiko Proposal 39 Completed, Supporting Permit and Permit2

LayerZero Stops Providing Off-Chain Services for 13 Low-Activity Blockchains

Taiko DAO Submits Contract Upgrade Proposal to Fix Cross-Chain Bridge Vulnerability

The Taiko network has resumed operation, and cross-chain bridge assets have been restored to full 1:1 support

Taiko: The attack path on June 21 has been blocked, and the network will be restarted in four steps

Taiko released a security incident update, initiated testing of the repair plan, and will complete full collateralization of bridging assets before the restart

Taiko updates on the theft progress, the cause of the attack has been identified, and they are cooperating with CEX and security companies to recover the stolen assets

Taiko ERC20 Vault was attacked, resulting in losses exceeding 1 million dollars

All Proposers of Taiko have suspended block production and are investigating the incident of the chain state verification mechanism being compromised

Boundless has released a project progress report, becoming the largest fully decentralized ZK Proof network at scale

LayerBank has completed a $2.3 million Pre-Seed funding round, with participation from Taiko and others.

Crypto, Starting to Doubt the Narrative

National Tax Agency Discusses Next-Generation System "KSK2" and Tax Investigations on Cryptocurrency Assets

Why Bitcoin Could Drop Below $80,000 After Another Failed Bounce

Circle Partners with Tereina to Integrate USDC and EURC into SAP Enterprise Payments

Hedge Funds Forced to Sell to Cut Losses, U.S. 10-Year Treasury Yield May Break 6%

Q3 2026 Earnings Preview: Why Strong Results May Not Lift Stocks & How to Predict Stock Moves with WEEX

Who Will Share the Profits of Cross-Border Remittances in the Stablecoin Era?

Crypto firms turn to Anthropic AI to find security flaws

MedCred: a clandestine publication claims exposure of data from 274,534 users

Citrini Research Points Out That the 'Wall' Between Traditional Finance and Cryptocurrency Is Beginning to Crumble

President Trump unveils $215M quantum computing plan amid crypto fears

Tiger Research: Five Key Changes in Crypto VC for Q3 2026

Mobile Sellers Are Here to Grab Stablecoin Access

The race in tokenized stocks has accelerated! Nasdaq CEO: "Tokenization could unlock billions of dollars in capital"

High Yields Pressure Tech as PYTH Buyback Expectations Rise | WEEX Weekly Market Recap (October 5-October 9, 2026)
WEEX Weekly Market Recap focuses on elevated long-end yields, AI compute-chain divergence, crude rebound, BTC weakness, and PYTH buyback expectations. The week’s main thread was high rates pressuring valuations, AI infrastructure validation, and high-beta crypto rotation.

Long-Bond Highs Pressure Tech| WEEX TradFi Daily Brief (October 9, 2026)
Indexes were mixed on October 8 ET. The long-bond yield touched about 5.35% intraday, near levels last seen in 2002. OpenAI’s annualized revenue of about $50 billion came in below higher figures that had circulated, pressuring tech and chip names. Nasdaq fell clearly, while Dow edged higher. Energy led, with WTI up about 3.2% to about $91. Bitcoin pulled back from about $86,000 and traded near $81,000, down about 5%. September PPI is the focus on October 9.

Pearl: Can AI Inference and Mining Happen Simultaneously?|Project Introduction

BigTime|Behind the Market Maker's Entry: The Transparency Gap in Market Making Contracts







