Key facts
- Taiko has reopened its cross-chain bridge.
- Taiko has restored full operations.
- The restoration occurred 10 days after a hack.
- The hack resulted in the theft of up to $1.7 million.
- All affected users have been compensated.
Ethereum layer-2 blockchain Taiko has announced the restoration of its cross-chain bridge and full operational capacity. This comes 10 days after the platform experienced a security exploit that led to the draining of approximately $1.7 million. Taiko confirmed that all users who were impacted by the hack have since been compensated for their losses. The reopening of the bridge signifies a return to normal operations for the blockchain network after addressing the security breach.