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Taiko Identifies Cross-Chain Bridge Attack Root Cause, Collaborating with CEX and Security Firms on Asset Recovery

Security Incidents Enforcement Actions Project Progress

2026-06-23 04:30:57

TAIKO-12.62%

According to Taiko's official statement today, the team has identified the root cause of the cross-chain bridge attack and is developing a patch to restore blockchain operations. Taiko is collaborating with major cryptocurrency exchanges and security partners to trace and freeze hacker assets. The remaining funds in the cross-chain bridge are secure, with further recovery plans to be announced in upcoming updates. The attack resulted in losses of up to $1.7 million.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

Taiko Warns Users to Withdraw Bridge Funds After $1.7M+ Security Breach

Taiko Security Incident Attributed to Exposed Raiko SGX Signing Keys on GitHub

Taiko Bridge Exploit Drains $1.7M in Unauthorized Withdrawals on Jun 22

Taiko Issues Critical Security Alert, Urges Users to Withdraw From All Bridges

In-Depth Analysis

Taiko suffered an attack loss of about $1.7 million, with the cross-chain bridge and vault urgently paused

Market Whisper23h ago

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