Woofun AI reports that Taiko has issued a security incident update, confirming the containment of the issue and the identification of its root cause. The team is currently testing a repair plan designed to fully collateralize bridged assets, ensuring 1:1 backing for user balances prior to bridge restart.

Taiko's CEO has filed a formal report with Singaporean authorities, and the team is cooperating with ongoing investigations. Users are advised to take no action and remain vigilant against scams, as the team will not initiate contact or provide links for claims.