Per Woofun AI, Taiko has isolated the root cause behind the recent compromise of its cross-chain bridge and is actively engineering a patch to restore normal blockchain operations. The project team has initiated cooperation with major centralized exchanges and security firms to track and freeze hacker-held assets, confirming that the remaining funds within the bridge remain secure.

Meanwhile, public updates will be temporarily suspended for several hours to allow the engineering team to focus exclusively on remediation. Preliminary assessments estimate the potential financial impact of the attack at up to $1.7 million.