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Done. Proposal #39 cleared the community veto window and is executed on both L1 and L2. The ERC20Vault now supports permit and Permit2, bridge tokens without a separate approve transaction. The bridge's Ether-payout gas cap is raised ahead of EIP-8037. And a new BridgedERC20V2 template ships on both chains. Tested end to end across ETH, ERC20, ERC721 and ERC1155, in both directions. https://dao.taiko.xyz/plugins/community-proposals/#/proposals/39
🗳 Taiko DAO: Security Council Proposal #24 is up. TAIKO holders have a ~10 days remaining window to veto it. WHAT IT DOES It upgrades four proxies — the Bridge and the ERC20Vault on both Ethereum and Taiko — and registers a new resolver on L2. No new contract code ships with it: everything in it was already written, reviewed and merged. The proposal only points the live proxies at it. 1. Bridge ETH deliveries stop running out of gas. The gas the bridge forwards when it sends ETH to a recipient goes from 35,000 to 135,000. Under EIP-8037 (Glamsterdam), writing one fresh storage slot costs 97,920 gas out of the recipient's own budget — so a smart-contract wallet that does any bookkeeping when it receives ETH would fail. And because a failed ETH send reverts the whole message, those inbound messages would become permanently unclaimable. This raises the cap before that can happen. 2. One-signature token bridging. The ERC20 vaults gain sendTokenWithPermit (EIP-2612) and sendTokenWithPermit2 (Uniswap's Permit2, which works for any ERC20) — no separate approve transaction. Both are opt-in additions; sendToken, deliveries and recalls are unchanged. 3. A real bug gets fixed. Right now, the first time a token whose home chain is Taiko is bridged to Ethereum, the delivery can't complete: the L1 registry still points at a July 2024 bridged-token implementation that the vault — upgraded in June — can no longer initialise. The message parks as RETRIABLE rather than failing outright, so the funds stay safe in the bridge, but the tokens don't arrive. This proposal registers a working implementation, and a message parked this way can then be retried through. Not touched: storage layouts, ownership, initializers, the NFT vaults, existing bridged tokens, or any other network. PLEASE REVIEW IT This upgrades contracts that custody bridged funds. Don't take our word for it. The full runbook — every address, the storage-layout diff, the on-chain verification commands, and a fork rehearsal against live mainnet state — is public: http://github.com/taikoxyz/taiko-mono/blob/main/packages/protocol/script/layer1/proposals/Proposal0024.md If you find a problem, email security@taiko.xyz. And if you hold TAIKO and conclude this isn't in your interest, you don't need anyone's permission — veto it. That's what the window is for. 👉 http://dao.taiko.xyz/plugins/taiko-council/#/proposals/24
🗳 Taiko DAO: Security Council Proposal #24 is up. TAIKO holders have a ~10 days remaining window to veto it. WHAT IT DOES It upgrades four proxies — the Bridge and the ERC20Vault on both Ethereum and Taiko — and registers a new resolver on L2. No new contract code ships with it: everything in it was already written, reviewed and merged. The proposal only points the live proxies at it. 1. Bridge ETH deliveries stop running out of gas. The gas the bridge forwards when it sends ETH to a recipient goes from 35,000 to 135,000. Under EIP-8037 (Glamsterdam), writing one fresh storage slot costs 97,920 gas out of the recipient's own budget — so a smart-contract wallet that does any bookkeeping when it receives ETH would fail. And because a failed ETH send reverts the whole message, those inbound messages would become permanently unclaimable. This raises the cap before that can happen. 2. One-signature token bridging. The ERC20 vaults gain sendTokenWithPermit (EIP-2612) and sendTokenWithPermit2 (Uniswap's Permit2, which works for any ERC20) — no separate approve transaction. Both are opt-in additions; sendToken, deliveries and recalls are unchanged. 3. A real bug gets fixed. Right now, the first time a token whose home chain is Taiko is bridged to Ethereum, the delivery can't complete: the L1 registry still points at a July 2024 bridged-token implementation that the vault — upgraded in June — can no longer initialise. The message parks as RETRIABLE rather than failing outright, so the funds stay safe in the bridge, but the tokens don't arrive. This proposal registers a working implementation, and a message parked this way can then be retried through. Not touched: storage layouts, ownership, initializers, the NFT vaults, existing bridged tokens, or any other network. PLEASE REVIEW IT This upgrades contracts that custody bridged funds. Don't take our word for it. The full runbook — every address, the storage-layout diff, the on-chain verification commands, and a fork rehearsal against live mainnet state — is public: http://github.com/taikoxyz/taiko-mono/blob/main/packages/protocol/script/layer1/proposals/Proposal0024.md If you find a problem, email security@taiko.xyz. And if you hold TAIKO and conclude this isn't in your interest, you don't need anyone's permission — veto it. That's what the window is for. 👉 http://dao.taiko.xyz/plugins/taiko-council/#/proposals/24
THE BLOCK: Ethereum Layer 2 Taiko has reopened its bridge, marking the last step of recovery after last month's exploit. "Our response is complete: the network is fully restored and every user is whole," Taiko says. A full post-mortem on the exploit will be released soon.
Step 4 is done. The bridge is open. You can move funds to and from Taiko again. Our response is complete: the network is fully restored and every user is whole. Any limits in place won't affect normal use. A reminder: we'll never DM you first, and there's no claim site. Only trust this account. A full post mortem will be released soon. Thank you for sticking with us this week. We're back!
Taiko is ready to come back online. The June 21 attack path is closed, the fixes have been reviewed by independent security experts, and we have a clear, staged plan to restore the chain. We're doing it in four careful steps, to ensure user’s security and stability before it goes live: 1. Deploy the fixes and confirm the chain's finalized state is correct, with no forged checkpoints or attacker claims reachable. This will go through the Security Council. 2. Replenish the bridge so every L2 asset is backed 1:1, verifiable on-chain by anyone. 3. Bring the network back: transfers, swaps and trading on L2, live again. 4. Reopen the bridge: after we see the chain finalizing successfully and the network stable, the bridge will be unpaused via a proposal from our Security Council. At this point, operations have been fully restored and users will be able to move funds to and from Taiko freely. We're reopening with conservative withdrawal quotas as an added safeguard, which we don't expect to limit anyone's ability to move assets. No user will lose funds. We're coming back stronger than before. We'll never DM you first and there's no claim site, only trust this account.
Taiko is ready to come back online. The June 21 attack path is closed, the fixes have been reviewed by independent security experts, and we have a clear, staged plan to restore the chain. We're doing it in four careful steps, to ensure user’s security and stability before it goes live: 1. Deploy the fixes and confirm the chain's finalized state is correct, with no forged checkpoints or attacker claims reachable This will go through the Security Council. 2.Replenish the bridge so every L2 asset is backed 1:1, verifiable on-chain by anyone. 3. Bring the network back: transfers, swaps and trading on L2, live again. 4. Reopen the bridge: after we see the chain finalizing successfully and the network stable, the bridge will be unpaused via a proposal from our Security Council. At this point, operations have been fully restored and users will be able to move funds to and from Taiko freely. We're reopening with conservative withdrawal quotas as an added safeguard, which we don't expect to limit anyone's ability to move assets. No user will lose funds. We're coming back stronger than before. We'll never DM you first and there's no claim site, only trust this account.
UPDATE: Taiko says no users will lose funds from its $1.7 million bridge exploit and that it will fully recollateralize the undercollateralized bridge before reopening. https://x.com/TheBlockCo/status/2069375511474667846?s=20
UPDATE: Taiko says no users will lose funds from its $1.7 million bridge exploit and that it will fully recollateralize the undercollateralized bridge before reopening. https://x.com/taikoxyz/status/2069828265385300282
THE BLOCK: Taiko says it found the cause of its $1.7 million bridge exploit and expects to restart within days.
⚠️ End of day update: We've identified the root cause of the attack and are working on a fix to bring the chain back online. We're also working with exchanges and security partners to track and freeze the attacker's assets. The remaining funds in the bridge are safe, and we'll share next steps in the coming updates. We'll pause updates for a few hours to focus on the fix and on protecting user assets. One thing is certain, we come back stronger 💪
🧵1/4 ⚠️ Vulnerability Analysis: Breakdown of the Taiko Exploit on Ethereum L2 The vault contract of @taikoxyz on #ETH was exploited, resulting in losses exceeding $1.7 million. 🔍 Attack Flow Analysis: In the attack transaction below, the attacker registered two malicious SGX instances. During the execution of the registerInstance function, the crafted parameters successfully passed the DCAP verification performed by the verifyParsedQuote function, including ECDSA signature verification and certificate chain validation. https://etherscan.io/tx/0x2f44dc1b883522a88f9b0cbbdfabf9ec33884b69dd4326600c3fab7fb2277260
Update on today's security incident. The exploit is contained. We've confirmed the L1 Bridge and the ERC20Vault are paused, and withdrawals through them are fully stopped.
⚠️⚠️⚠️Security incident update: it's contained. The bridge and vault are paused and no more funds can be withdrawn. The bridge is offline both ways so don't try to bridge. Pending transactions are paused, not lost. More info coming soon.
Taiko Urges Users to Withdraw From Bridges After Verification Mechanism Compromise Taiko said in a security notice that it has confirmed a compromise of its chain state verification mechanism, and that the security assumptions of all bridges deployed on Taiko can no longer be relied upon. Taiko strongly advised users to immediately withdraw funds from all relevant bridges and requested centralized exchanges to suspend TAIKO deposits until further official notice. Earlier, Blockaid said Taiko’s ERC20 Vault on Ethereum had been attacked, with losses exceeding $1 million. Preliminary analysis showed the vulnerability stemmed from a flaw in the source-signal proof verification mechanism of Taiko’s bridge.
⚠️ Security Notice 1/2: We have confirmed a compromise of Taiko’s chain state verification mechanism. As a result, the security assumptions of all bridges deployed on Taiko can no longer be relied upon. We are actively coordinating with the Security Council and ecosystem partners to contain the incident, pause affected systems where possible, and take all necessary technical and legal actions. We strongly advise all users to withdraw their funds from all bridges deployed on Taiko immediately. Further updates will be provided as more information becomes available.
⚠️ Security Notice We have confirmed a compromise of Taiko’s chain state verification mechanism. As a result, the security assumptions of all bridges deployed on Taiko can no longer be relied upon. We are actively coordinating with the Security Council and ecosystem partners to contain the incident, pause affected systems where possible, and take all necessary technical and legal actions. We strongly advise all users to withdraw their funds from all bridges deployed on Taiko immediately. Further updates will be provided as more information becomes available.
Good news for everyone who has been asking! Two weeks of incentives on Taiko via Brickken, live now 🔥 https://x.com/Brickken/status/2064284686239576366
Why are L2s still writing docs for humans? Your next 1000 "developers" aren't developers. They're agents. And agents don't google, they query. We just shipped http://docs.taiko.xyz rebuilt for exactly that.
QR payments are on Taiko. @QRwallet lets you scan and pay onchain in seconds with near-zero fees. This is what real crypto adoption looks like. More features coming together soon 🥳👇
🧵 Introducing taiko-ai — AI agent skills and MCP servers for building on Taiko One install. Full access to chain data, bridge ops, contract analysis, and node monitoring — all from your favorite AI coding tool.
Great vibes at Hong Kong’s Ethereum hub launch! 🇭🇰 Our Head of DeFi & RWA @AdeleHuu dove deep into how Taiko enables RWA tokenization and the infrastructure institutions actually need for on-chain assets 💜 Thanks @snzholding @ethereumhkhub for the great conversations! ⚡
Introducing Shasta, a simpler and more efficient redesign of Taiko’s core protocol ⚙️ Early benchmarks show 20x cheaper proposing and 8x cheaper proving
Measuring ZK: Introducing TaikoProofs 🦾 Verification, not just claims. ZK proving is foundational to Taiko’s design. As a based rollup, Taiko relies on ZK proofs to ensure trust minimized block verification while staying aligned with Ethereum’s core principles. Making ZK guarantees observable is critical for both external credibility and internal accountability 🥁 Introducing TaikoProofs. Inspired by the transparency of Ethproofs, TaikoProofs is our new dashboard. It provides a real time window into the following metrics: 1️⃣ZK Coverage: Real time tracking of our ZK coverage and proof time across all batches. While we target 100 percent ZK coverage and aim to enforce this at the protocol level, this dashboard shows the complete picture, including any operational variations. This puts us on the right path to track and address any batches that are not yet provable by ZK. 2️⃣Proof Latency: Tracking how fast ZK proofs are generated, verified, and batches finalized. Transparency means showing the work, not just the results. TaikoProofs gives the community direct visibility into our proving coverage, with the ability to dive into the specifics of each batch 💜 👉 https://proofs.taiko.xyz/
Excited to announce our partnership with @avalonfinance_ , deploying institutional RWA infrastructure on Taiko 🥁 Avalon brings audited lending contracts, compliance frameworks, and complete yield architecture where collateral flows to real-world returns. All transparently on Taiko. Why us? Our based rollup delivers Ethereum security without centralized sequencer risks. Preconfirmations provide enterprise finality institutions need 💜 This positions Taiko as the home for institutional capital entering crypto. The future of institutional finance is being built on decentralized infrastructure 🦾
Taiko Takes the W: Fusaka's Here🏆 Ethereum's Fusaka upgrade went live today. PeerDAS activated, blob capacity jumped from 6 to 9 (with more increases coming in the next few weeks), and data availability just got cheaper across the board for every rollup posting to L1. For most L2s, this means reworking infrastructure, updating clients, and coordinating upgrades to take advantage of the new economics. For Taiko, it means waking up to a better chain. That's the point of being based. When Ethereum improves its base layer, whether it's data availability, throughput, or security, Taiko inherits it automatically. No migration, no integration work, no architectural overhaul. The chain you built on just got faster and cheaper because the foundation improved. PeerDAS lowers costs for everyone. But based rollups get the added benefit of tighter coupling with L1's ongoing upgrades. Ethereum's roadmap is Taiko's roadmap. When the network scales, we scale. When validator coordination improves, our sequencing improves. Fusaka isn't about Taiko specifically. That's exactly why it matters.
This Week on Taiko 🥁 TaikoSwap is live, Namechain is being built on Taiko Stack by @ensdomains and @nethermind, and the Taiko × @BitgetWallet Card is now available with benefits. Add in new collaborations and ecosystem updates, and this was a huge week. Let’s dive in. 1/🧵 https://t.co/4TqIyJEgYK
🥁 It's happening: @ensdomains and @nethermind are building on Taiko Stack! Namechain launches as a based rollup on @Nethermind's Surge (built on our technology). No centralized sequencer. No compromises. Just Ethereum validators from day one. Based rollups are becoming inevitable. Don't sleep on it！👇 https://t.co/cWBe94TuU8
The news from Inside the Arena 🕹️ Congrats on unlocking Tier 5! The end-of-season reward is now 300,000 TAIKO. Keep playing, keep winning, and keep unlocking more! Plus, @intraVerse_Game rewards 300 TAIKO daily to top players, while @GemsTownGame reaches new heights ⬇️ https://t.co/2DwOIvReZe
It’s been one month since Boundless went live. In that time, the network has grown faster and larger than any proof network before it, setting new records in scale, efficiency, and reliability. A Record-Breaking Launch In its first month, the Boundless market processed more than ~500T cycles of proving work at a median cost $0.09 USD / Billion cycles. This early growth represents more than raw throughput. It shows the network is ready to handle real demand from rollups, protocols, and applications across every chain. A Growing Network of Proof In just four weeks, another 50 independent provers have joined the open marketplace. Competition among them has already driven costs down and improved performance. Locked orders are being fulfilled with 99.9 percent reliability, showing that decentralization and service-level consistency can scale together. Confidence in The Network More than 15 million ZKC are now staked across the network. This reflects strong confidence from operators and participants who secure the protocol and sustain a healthy proving economy. What’s Next Boundless is now onboarding partners to mainnet such as BOB, MegaETH, and Taiko, each integrating Boundless ZK proofs directly into their networks. These partnerships mark the beginning of a broader mission to prove every chain and power the next generation of verifiable applications. After one month, Boundless stands as: → The most active and largest proof network ever launched → Delivering proofs at record-low cost → Secured by millions in stake The foundation is set. The future is Boundless.
Trailblazers, get your news from Inside the Arena 🕹️ Over 47,000 games have already been played this season, and now we’re unveiling the next target tiers and rewards. Next target: 50,000 games to unlock 300,000 TAIKO tokens in end-of-season rewards. https://t.co/1gPuKkqwYG
We’re celebrating the full launch of our DAO, and the appointment of our new board members with a Galxe Campaign! 🥁 Complete these easy off-chain tasks, learn about our DAO, and earn TAIKO tokens, all powered by @GalxeQuest. Dive in: https://app.galxe.com/quest/taiko/GCyr1t831j https://t.co/f6Hq7Gj88J
This Week on Taiko 🥁 From the launch of The Arena to Chainlink integration, big DeFi yields, and global events, the Taiko ecosystem is leveling up across gaming, infrastructure, and community. Let's dive in. 1/🧵 https://t.co/MV1nQn9CQZ
We’re live! Tune in as we dive into what the Taiko x @chainlink partnership means for the future, especially for DeFi on Taiko 👀 https://x.com/i/spaces/1OwxWegzLwAGQ
Taiko partnered with luxury brands like @Maserati_HQ, @HYPEBEAST, @donjulio and others for Web3 RWA experience at the #MoonParty in Seoul 2/ https://x.com/taikoxyz/status/1963857033033306414
Life’s too short for slow transactions. Taiko preconfirms in 2 seconds. (sound on) https://t.co/rJaSTAMmFr
📝 Preconfs in the Press “With Phase 1 preconfirmations delivering ~2s transaction times, developers are rethinking what’s possible on-chain.” Catch the @CCNDotComNews article by @GiuseppeFabioC1 featuring our Director of Engineering @gusgonzalezs on how Taiko is tackling…
preconfs have landed. every app. every transaction. everything on Taiko is 20-30x faster. https://t.co/NB8o4JKgyl
This Week on Taiko 🥁 Preconfs went live last week and the aftereffects are rippling across the ecosystem. From DeFi to gaming, new tools and fresh partnerships, this has been a huge week for Taiko and it shows how much we have leveled up. Let's dive in. 🧵 https://t.co/13345km6zY
We are happy to announce Taiko is now live on @Ponder_One, making it easier to bridge and swap. Check it out, explore your options, and make your move 🥁
🎯 Galxe Campaign for Preconfs Celebrate the launch of preconfirmations with us! Complete simple off-chain tasks, learn about preconfs, and earn TAIKO tokens through @GalxeQuest. 6/
From Based Rollup Summit, Cannes 🥁 Our COO @Joaquin_Mendes1 looks at two preconf superpowers: backward compatibility & censorship resistance and how Taiko, as a based rollup, offers resistance unlike networks with centralized sequencers. Try preconfs on Taiko mainnet ⚡️ https://t.co/7WYf8uc2Ug
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