Taiko officially posted on X to update the progress of the cross-chain bridge theft. The team stated that they have identified the root cause of the attack and are currently developing a fix to restore the blockchain's online operation as soon as possible. At the same time, Taiko is working closely with major centralized exchanges (CEXs) and security partners to track and freeze the hacker's assets. The team emphasized that the remaining funds in the cross-chain bridge are safe and will announce further plans in subsequent updates. To focus on fixing the vulnerability and protecting user assets, Taiko will pause updates for several hours.
Earlier reports indicated that the Taiko cross-chain bridge suffered an attack, with potential losses of up to $1.7 million. The community is watching closely, expecting the project to complete the fix and recover the stolen funds.