DeFi Exploit Insurance Gap: Why Bridge Users Still Have No Real Emergency Playbook
Q2 2026 logged ~70 exploits and ~$746M stolen; bridges led May losses and only ~$9.4M was recovered. Practical steps and comparisons for a real response plan.
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Q2 2026 logged ~70 exploits and ~$746M stolen; bridges led May losses and only ~$9.4M was recovered. Practical steps and comparisons for a real response plan.
Yet another security incident has been reported today, where popular Ethereum L2 network Taiko was exploited for around $1.7 million.
The Taiko exploit highlights vulnerabilities in cross-chain bridges, raising concerns about security and investor confidence in decentralized finance. The post Taiko urges immediate withdrawal of funds from all its bridges after chain verification breach appeared first on Crypto Briefing.