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

ZachXBT urged AscendEX users with stuck funds to contact regulators as withdrawal complaints continue and deposits remain open.

Taiko's recovery highlights the critical need for robust security measures in cross-chain bridges to prevent future exploits and protect assets. The post Taiko reopens bridge after recovering from $1.7M exploit last month appeared first on Crypto Briefing.

New OpenAI Signals data shows how ChatGPT adoption is growing globally, with users increasing usage, exploring more capabilities, and driving growth across regions and languages.

Bybit will limit EEA access to its global platform under MiCA, while users keep custody access and Bybit EU seeks broader Austria licensing.

SecondFi outlined a two-week recovery plan after a Cardano wallet exploit reportedly drained about $2.4 million in ADA from 374 addresses.

SecondFi outlined a two-week recovery plan after a Cardano wallet exploit reportedly drained about $2.4 million in ADA from 374 addresses.

Taiko closed the exploit path after independent experts reviewed and approved its security fixes. Bridge reserves will be restored with 1:1 asset backing before withdrawals resume for users. Network services will restart gradually, with bridge access returning after stability verification. Taiko has announced a four-step recovery strategy to restore its Ethereum layer-2 network after the […] The post Taiko Unveils Four-Step Plan to Restore Network After Cyberattack appeared first on Live Bitcoin News.

Taiko says its June 21 attack path is closed and plans a four-step restart after a bridge exploit raised safety concerns for users.