Taiko said it has identified the root cause of a recent attack and is developing a patch to restore its blockchain to online operation as soon as possible.
According to Odaily, Taiko said it is working with major exchanges and security partners to trace and freeze the hacker’s assets.
Taiko added that remaining funds in the cross-chain bridge are currently safe and that it will announce next steps in upcoming updates. The project said it will pause updates for several hours while it focuses on fixing the vulnerability and protecting user assets.
Earlier reports said Taiko’s cross-chain bridge was attacked, with losses estimated at up to $1.7 million.
Taiko Says It Identified Root Cause of Cross-Chain Bridge Attack and Is Developing Patch
2026-06-23 04:14:27
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