Deep Tide TechFlow News, June 29 — Taiko stated that the attack vector from June 21 has been blocked, and the relevant fix has been reviewed by independent security experts. The team is gradually restoring network operations in four phases. First, the fix will be deployed and the final state of the chain will be confirmed to be correct, ensuring there are no forged checkpoints or attacker-accessible claims. Second, bridging funds will be replenished to ensure all Layer 2 assets have 1:1 on-chain reserve backing. Third, Layer 2 transfers, swaps, and trading functions will be restored. Finally, after confirming chain finality and network stability, the security council will propose lifting the bridge pause, with conservative withdrawal limits as an additional safeguard. Taiko stated that users will not suffer any financial losses.

TAIKO6.48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned