Taiko reopens bridge after $1.7M exploit, says users made whole

60-second summary

Taiko is reopening its bridge after a $1.7 million exploit, restoring transfers for users. The company replenished asset backing and completed security fixes following an 11-day network disruption. Users have been made whole, with Taiko taking steps to prevent future incidents and maintain trust in its platform. The move is crucial for the DeFi ecosystem's stability and investor confidence.