Taiko plans phased restart after closing Ethereum layer-2 breach, ensuring user funds safety.

Taiko is ready to bring its Ethereum layer-2 network back online following a security breach on June 21. The project confirmed the attack path has been closed after independent security reviews and has a four-step staged plan to restore the chain, replenish bridge assets 1:1, and reopen network activity with withdrawal limits for safety. This careful approach aims to protect user funds and maintain network stability amid recent bridge exploits in the crypto space. Users are warned against phishing scams as the project resumes operations.