Taiko said on July 2, 2026, through its official X account that bridge operations had resumed after a $1.7 million attack. The team also said users were made whole, making bridge recovery and user compensation the central update. Step 4 is done. The bridge is open. You can move funds to and from Taiko again.
The protocol completed a multi-stage recovery that included an independent security review. The TAIKO token has surged as much as 136% in recent trading.
Taiko's recovery highlights the critical need for robust security measures in cross-chain bridges to prevent future exploits and protect assets. Taiko reopens bridge after recovering from $1.7M exploit last month.