News linked to both this project and an event.
Taiko, an Ethereum Layer 2 project, announced that its fix has been reviewed by independent security experts. The mainnet will resume operations in four steps, including: deploying the fix and confirming the chain's final state is correct, ensuring there are no invalid checkpoints or attacker-submitted records that could be accepted; replenishing cross-chain bridge liquidity to ensure all L2 assets maintain a 1:1 reserve; restoring network operations and reopening L2 transfers, swaps, and trading functions; and having the security committee propose lifting the bridge suspension to fully restore asset deposit and withdrawal functionality.Taiko stated that during the initial reopening period, relatively conservative withdrawal limits will be set as an additional security measure, but this is not expected to affect users' normal asset operations.
Taiko stated on the X platform that all Proposers (nodes responsible for producing new blocks) have suspended block production.Taiko stated that the team is currently investigating the breach of the chain state verification mechanism and is continuously assessing the scope of the incident's impact and subsequent countermeasures. Previously, Taiko confirmed that its chain state verification mechanism had been compromised and advised users to immediately withdraw funds from cross-chain bridges deployed on Taiko.