Taiko said a recent security incident will not result in losses of user funds and that it will reopen its bridge only after restoring full 1:1 collateralization.
According to NS3.AI, Taiko said bridged assets are currently under-collateralized and that it plans to return them to full backing before the bridge resumes operations.
Taiko added that a fix has been completed and is now undergoing testing.
Taiko Says Bridge Will Reopen After Restoring 1:1 Collateral Following Security Incident
2026-06-25 12:13:23
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