Taiko.eth 🥁 (@taikoxyz) / X

Taiko.eth 🥁

5,775 posts

Taiko.eth 🥁

@taikoxyz

First based rollup in production. Home to AI Agents. Proving Ground↓ provinggroundxyz.substack.com Submit a proposal ↓ community.taiko.xyz

Joined May 2022

Pinned
Taiko.eth 🥁
@taikoxyz
Jun 24
An update on the June 21 security incident. First, the most important thing: no user will lose funds because of this incident. The bridge is currently undercollateralized, and we will fully recollateralize it before it reopens, so every balance is backed 1:1, exactly what you
18K
Taiko.eth 🥁
@taikoxyz
Jun 23
As day two comes to a close: Today the team built and reviewed the fixes and prepared the recovery proposal to bring the chain back safely. Every change runs through the Security Council, with independent security partners reviewing alongside us. The people affected remain our
11K
Taiko.eth 🥁
@taikoxyz
Jun 23
⚠️ Update on yesterday's security incident: Now that we've fully identified the root cause, our team has a remediation plan to safely bring the chain back online within the next couple of days. We know real people were affected. We are treating them as a priority, and we're
21K
Taiko.eth 🥁
@taikoxyz
Jun 22
⚠️ 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
24K
Taiko.eth 🥁
@taikoxyz
Jun 22
Update on this: the incident is now contained. We've paused the Bridge and the ERC20Vault and confirmed withdrawals through them are fully stopped. This means the advice below to withdraw no longer applies. The bridge is paused, so withdrawals aren't possible right now, and you
Taiko.eth 🥁
@taikoxyz
Jun 22
⚠️ 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
29K
Taiko.eth 🥁
@taikoxyz
Jun 22
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.
51K
Taiko.eth 🥁
@taikoxyz
Jun 22
Replying to @taikoxyz
Watch for scams. We will never DM you first, never ask for your keys, never run a refund claim form. Trust only this account.
5.2K
Taiko.eth 🥁
@taikoxyz
Jun 22
A full post-mortem is coming. We'll keep updating in this thread and we'll be straight with you at every step.
4.6K
Taiko.eth 🥁
@taikoxyz
Jun 22
⚠️⚠️⚠️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.
17K
Taiko.eth 🥁
@taikoxyz
Jun 22
All Taiko proposers have temporarily stopped producing new blocks while we investigate and resolve the issue.
Taiko.eth 🥁
@taikoxyz
Jun 22
⚠️ 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
23K
Taiko.eth 🥁
@taikoxyz
Jun 22
⚠️ 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
139K
Taiko.eth 🥁
@taikoxyz
Jun 22
2/2: We urgently request that all centralized exchanges (CEXs) suspend TAIKO deposits immediately and only re-enable them upon official notice from Taiko. Attacker addresses: 0x7506DeA0c38ca0B55364B22424374c5A1ae1B76a 0x5fbc60a12bc6635e7d587d8dac52e4b1388b4990
12K
Taiko.eth 🥁
@taikoxyz
Jun 22
⚠️ 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
172K
Taiko.eth 🥁 reposted
Brickken
@Brickken
Jun 19
Tokenization is no longer just about bringing assets on-chain. The next question is who operates them once they're there. This week, our CRO, @Ludovico__Rossi, joined @taikoxyz to discuss whether AI agents can own and operate real-world assets, and what infrastructure is
7.1K
Taiko.eth 🥁
@taikoxyz
Jun 18
Most AI Agents can't actually prove what they did. Not because the tech doesn't exist, but because proving every action cost more than the action was worth. That just changed. The question now isn't whether an Agent can prove what it did, it's what you build once proving
GIF
4.6K
Taiko.eth 🥁
@taikoxyz
Jun 18
Read it here:
Why cheaper ZK proofs make verifiable AI Agents economically viable
From provingground.xyz
2.4K
Taiko.eth 🥁
@taikoxyz
Jun 17
A year ago proving every agent action didn't pencil out, so teams just skipped it. @boundless_xyz Surge drops the cost floor far enough that proving every move is now rational. Live first on @base and Taiko, up to 50% cheaper. How it works 👇
GIF
4.5K
Taiko.eth 🥁
@taikoxyz
Jun 17
Full breakdown: paragraph.com/@taiko-labs/zk… Cheap, fast, multi-chain proving is live now. Get proving on Boundless 👉 docs.boundless.network/developers/qui…
ZK proofs on Taiko just got up to 50% cheaper
From paragraph.com
1.5K