Morning Edition · Sunday, June 28, 2026
Taiko Plans Four-Step Restart After a Leaked Signing Key Drained Its Bridge
An RSA private key for the network's trusted-hardware prover was committed to a public repository, letting an attacker forge state and withdraw roughly $1.7 million.
Taiko, an Ethereum-equivalent layer-2 network, has set a four-step plan to restart after a June 21 attack on its bridge, saying the method the attacker used is now blocked. The network halted block production on June 22 while it investigate…
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Bridge and Mint Exploits Sustain Heavy DeFi Losses
Over 3-6 months, recurring bridge proof-validation and unauthorized-mint exploits keep monthly DeFi losses elevated, including drains of deprecated contracts.
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- Polymarket Hack Revised Upward to $3.1 Million as Smaller Exploits Pile Up
- Stablecoin Demand Cools Even as Visa and Stripe Build the Next Layer of Rails
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- Bitcoin Falls With Gold and Silver as the Hawkish Fed Unwinds the Hedge Trade
- Zcash's Zooko Faults Coinbase Over In-App Betting, and Armstrong Responds
- Tether Turns Its $23 Billion Gold Hoard Into a Lending Business