Taiko: Cause of Security Incident Identified, Chain to Restart Within Days

CoinFeed, June 23 - The Taiko team announced that it has "fully identified" the root cause of yesterday's security incident and formulated a fix plan, aiming to safely restart the blockchain in the coming days. The team stated that the incident affected real users, who have been prioritized, and is working with the Taiko DAO Council to determine subsequent handling paths. Further steps will be announced later, with a commitment to work with the community on incident remediation and on-chain recovery.