SECURITYJul 2 · 09:28 UTCCOINTELEGRAPHCointelegraph by Ezra Reguerra

Taiko reopens bridge after $1.7M exploit, says users made whole

Taiko restored bridge transfers after replenishing asset backing and completing security fixes following an 11-day network disruption caused by a $1.7M exploit. The company stated that users were made whole as a result of the incident.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

TaikoorganizationexploittopicBridgetopicsecurity fixestopicuserstopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

SECURITYJul 2 · 08:35 UTC
Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
SECURITYJun 22 · 05:31 UTC
Taiko urges users to withdraw as bridge exploit drains $1.7M
SECURITYMay 18 · 02:54 UTC
Ongoing exploit drains $11.6 million from Verus-Ethereum bridge: Blockaid
SECURITYApr 27 · 07:00 UTC
Ethereum backers pledge up to 30,000 ETH to rsETH recovery after bridge incident
SECURITYMay 18 · 20:53 UTC
Why do bridges still fail so often in DeFi
SECURITYMay 22 · 09:32 UTC
Verus bridge exploiter returns $8.5M after bounty offer