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Taiko Recovers After $1.7M Hack | Bitcoin and Crypto News
Description
Taiko, Ethereum’s Layer-2 blockchain, is back online after a major hack that drained $1.7M — but users didn’t lose a dime. After 11 days offline, the team completed a four-step recovery, restored full bridge backing, and reinstated withdrawals with temporary limits. They’re keeping details tight, but promise full transparency soon.
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