Morning Edition · Thursday, July 2, 2026Published at 6:29 AM EDT · New York
An Ethereum layer-2 recovered $1.7 million in forged withdrawals traced to a signing key committed to a public repository, while an attacker inflated a tokenized Google share to borrow real assets.

Taiko, an Ethereum layer-2 network, brought its cross-chain bridge fully back online ten days after an exploit that stole about $1.7 million, and completed the restoration with an independent security review and a Security Council sign-off,…
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Part of a tracked trend
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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