
DeFi2m read
Taiko Reopens Cross-Chain Bridge After $1.7 Million Exploit, Users Made Whole
Taiko has reopened its cross-chain bridge after an 11-day network disruption caused by a $1.7 million exploit, confirming all users were made whole.

Taiko has reopened its cross-chain bridge after an 11-day network disruption caused by a $1.7 million exploit, confirming all users were made whole.

Decentralized protocol Taiko has fully restored its cross-chain bridge just 10 days after a $1.7 million hack, with its TAIKO token surging 136%.

The Ethereum layer-2 network Taiko temporarily halted operations after a bridge exploit led to the loss of approximately $1.7 million through forged withdrawal proofs.

Taiko, an Ethereum Layer-2, urged users to withdraw funds after a bridge exploit drained $1.7 million from its ERC20 Vault due to forged proofs.