Taiko, an Ethereum Layer-2 scaling solution, issued a warning on June 13, 2024, urging users to withdraw funds from its bridge due to a security breach. Researchers estimate that attackers stole over $1.7 million by exploiting Taiko's proof verification process.
Earlier reports mentioning Ethereum
An abandoned smart contract for the Aztec Connect platform was exploited for $2.1 million in cryptocurrency assets on May 23, 2024. Aztec Connect, a privacy-focused layer-2 scaling solution for Ethereum, was officially deprecated in March 2023, meaning its active development…
Ethereum's lead developer for the SPHINCS+ proposal, Kohaku, stated this week that quantum-resistant account upgrades on the Ethereum network can be implemented for as little as $0.07 per transaction. This cost-effective solution addresses the immediate need for post-quantum cryptography…
Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, recovered over 60 stolen Ethereum NFTs following a security exploit. The exploit, which occurred on May 1, 2024, targeted users of the NFT marketplace OpenSea, allowing attackers…