Taiko DAO Submits Contract Upgrade Proposal to Fix Cross-Chain Bridge Vulnerability
Prefer us on Google
Taiko DAO has submitted Proposal No. 24 to the Security Committee, planning to upgrade four proxy contracts for the cross-chain bridge and ERC20 Vault on both Ethereum and Taiko chains, and to register a new resolver on L2. The involved contract code has been audited, and TAIKO holders can exercise their veto rights within approximately 10 days. The proposal includes: fixing known vulnerabilities, addressing delivery failures when tokens are first bridged to Ethereum from Taiko due to the L1 registry pointing to an outdated implementation, with related messages currently in a RETRIABLE state, ensuring fund safety but tokens not being credited, allowing retries after the upgrade; increasing the gas limit for forwarding ETH via the cross-chain bridge from 35,000 to 135,000 to avoid issues with smart contract wallets being unable to claim messages due to insufficient gas after the EIP-8037 upgrade; adding a single-signature cross-chain function for ERC20 tokens, supporting EIP-2612 and Uniswap Permit2, allowing users to avoid initiating separate authorization transactions.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
The Taiko network has resumed operation, and cross-chain bridge assets have been restored to full 1:1 support
Taiko: The attack path on June 21 has been blocked, and the network will be restarted in four steps
Taiko released a security incident update, initiated testing of the repair plan, and will complete full collateralization of bridging assets before the restart
Taiko updates on the theft progress, the cause of the attack has been identified, and they are cooperating with CEX and security companies to recover the stolen assets
Taiko has thoroughly identified the root cause of the attack incident and developed a remediation plan
Taiko ERC20 Vault was attacked, resulting in losses exceeding 1 million dollars
All Proposers of Taiko have suspended block production and are investigating the incident of the chain state verification mechanism being compromised
Boundless has released a project progress report, becoming the largest fully decentralized ZK Proof network at scale
LayerBank has completed a $2.3 million Pre-Seed funding round, with participation from Taiko and others.
WEEX AI Wars II: Round 2 Recap — Humans Just Broke the Leaderboard (Literally)
Round 2 of WEEX AI Wars II has closed, and Team Human didn't just win again — they posted returns north of 50,000%. Here's the full breakdown, how the gap to Team AI widened even further, and how to join Round 3's live $20,000 USDT prize pool.
Paymob Raises $35 Million to Accelerate Expansion in the Region
Orbio's Market Value Surges to $90 Million in 20 Days, Is Demand Keeping Up?
Crypto Scam: Business Leader Loses 600,000 Euros on a Fake Platform
Polygon: burning 100 million POL and pivoting towards stablecoins, where is the project now?
Cardano x402: the official integration that allows AI agents to pay APIs in ADA
AMD Stock Price: Why It's More Expensive Than Nvidia Despite Slower Growth
AMD trades at roughly 2.5 to 3 times Nvidia's forward earnings multiple, despite Nvidia being larger, more profitable, and often growing just as fast.
Hyperliquid posts strong $429M revenue, leads 2026
The Youngest Users, The Most Old-Fashioned Positions
How to Make UTXO a Programmable Computing Layer Without Adding Another EVM Layer to Bitcoin
Where Will Investment Opportunities Arise as Stocks Move On-Chain?
Aptos Validators Decrease by 40% in Two Years, Concentration of Validator Nodes Shifts to Europe and America
Why Did BP Suddenly Rise? Backpack is Gaining a New Valuation Logic
Visa Strengthens Management of Payment Classification Codes for Meme Coin Transactions to Close Loopholes in Card Benefits
AMD Stock Rises for a Third Straight Session: CTO Says AI Demand Shows No Signs of Slowing
AMD fully recovered Monday's 5.6% AI-scare selloff to close the week up 8%, with the CTO saying AI demand shows no signs of slowing backed by 107% data center growth.
Bank of Korea boosts access with 24-hour won pilot
Phemex CEO: The Barbell Phenomenon in the Crypto Market, Why AI Will Not Fully Replace Traders, and a Bullish Outlook for Q4
BlackRock's Bitcoin ETF: The Most Relevant Indicator of a Bullish Reversal? Analysis by Vincent Ganne
![[ETH Letter] Ethereum Aims to Activate Sepolia Testnet on October 6](/public-static/26_2e1840f602.png?format=avif)
[ETH Letter] Ethereum Aims to Activate Sepolia Testnet on October 6
The Myth of Zcash's Hundredfold? No, It's an Idealistic 'Revenge'
The New York Stock Exchange has spent a year testing Avalanche's tokenization features
The Taiko network has resumed operation, and cross-chain bridge assets have been restored to full 1:1 support
Taiko: The attack path on June 21 has been blocked, and the network will be restarted in four steps
Taiko released a security incident update, initiated testing of the repair plan, and will complete full collateralization of bridging assets before the restart
Taiko updates on the theft progress, the cause of the attack has been identified, and they are cooperating with CEX and security companies to recover the stolen assets
Taiko has thoroughly identified the root cause of the attack incident and developed a remediation plan
Taiko ERC20 Vault was attacked, resulting in losses exceeding 1 million dollars
