Taiko, the Ethereum layer-2 scaling project, has issued an urgent warning to its users following a security incident that resulted in the loss of approximately $1 million from a Taiko vault. In a statement released on X, the project confirmed that its chain state verification mechanism was compromised, rendering all bridges operating on the Taiko network untrustworthy. The team has advised users to withdraw their funds from any bridge deployed on Taiko immediately.