Taiko has identified the cause of the cross chain bridge attack and is working with exchanges and security companies to recover the stolen goods

Taiko has officially stated that it has identified the cause of the cross chain bridge attack, is developing patches to fix it, and is working with major exchanges and security partners to track and freeze hacker assets. The remaining funds of the cross chain bridge are secure, and Taiko's cross chain bridge has suffered losses of up to 1.7 million US dollars in previous attacks.