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Taiko to Gradually Restart Chain After Restoring Bridge Collateral

2026-06-30 06:10:47

Taiko plans to gradually restart its chain after identifying the root cause of a $1 million vault exploit. Taiko will replenish bridge collateral to keep Layer 2 assets verifiably backed 1:1 on-chain. Taiko said Layer 2 activity will resume before bridge reactivation through a Security Committee proposal with conservative withdrawal limits.

TAIKO3.53%

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