Polymarket hack losses rise to $3.1M after frontend phishing attack tied to compromised vendor
first published 2026-06-28T09:40:06Z
Taiko says independent experts reviewed fixes and confirmed the attack path behind its June 21 security breach has been closed. The project plans to restart in stages: restore the chain, ensure bridge assets are fully backed 1:1, reopen L2 activity, and then unpause bridge withdrawals under conservative quotas, while warning users to avoid phishing scams.
AI Analysis
The story reports a resolved security breach and a staged restart, including 1:1 backing for bridge assets and reopening activity, which is operationally positive. However, it is still a security-incident follow-up rather than a major new market catalyst.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
