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Taiko Ethereum ERC20 Vault attacked, resulting in losses exceeding $1 million

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According to Blockaid monitoring, Taiko's ERC20 Vault on Ethereum was attacked, resulting in losses exceeding $1 million. The vulnerability stems from a flaw in the source signal proof verification of the Taiko cross chain bridge. The constructed message proof is accepted as valid on Ethereum L1, without the need for a corresponding legitimate messageSent event on the Taiko source chain, allowing attackers to register and extract fraudulent cross chain messages and release assets from ERC20 Vault without authorization.

24/7 Flashes

Today 2026-06-22

01:29

Iranian Foreign Minister: Blockade lifted, partially frozen assets released, Iran launches major reconstruction and development plan

The Iranian Foreign Minister stated that Iran's oil and petrochemical exports have been exempted, the blockade has been lifted, some frozen assets have been released, and Iran has launched a major reconstruction and development plan.

01:27

Spot gold hits $4220/ounce, spot silver hits $67/ounce

According to a report by JinShi, spot gold rose to $4220 per ounce in the short term, up 1.55% for the day, while spot silver rose to $67 per ounce, up 3.40% for the day.

01:23

Chen Liwu: Semiconductor infrastructure lags behind AI growth, Intel and Musk collaborate on Terafab plan

Intel CEO Chen Liwu stated that semiconductor infrastructure lags behind AI growth in terms of capacity, production efficiency, and power efficiency. Chen Liwu praised Musk as one of the best entrepreneurs of this century and confirmed that Intel is partnering with Musk on the Terafab program to provide technical and process support for Musk's self built chip factory to meet the chip needs of robots and cars.

01:22

Negotiations between the United States and Iran continue until Monday, with Iran announcing the closure of the Strait of Hormuz

The negotiations between the United States and Iran will continue until Monday, as Iran announced the closure of the Strait of Hormuz due to threats from US President Trump. （Cointelegraph）

01:20

The People's Bank of China launches a 7-day reverse repo operation worth 476.5 billion yuan

The People's Bank of China launched a 7-day reverse repurchase operation worth 476.5 billion yuan today, with a bid volume of 476.5 billion yuan and a median amount of 476.5 billion yuan, and an operating interest rate of 1.40%.