Taiko closed the exploit path after independent experts reviewed and approved its security fixes. Bridge reserves will be restored with 1:1 asset backing before withdrawals resume for users. Network services will restart gradually, with bridge access returning after stability verification. Taiko has announced a four-step recovery strategy to restore its Ethereum layer-2 network after the June 21 cyberattack. The project said the security flaw has been fixed, independent experts reviewed the changes, and user funds remain safe throughout the recovery process. Taiko Says Network Is Ready for Staged Restart Taiko said it is preparing to bring its Ethereum layer-2 network back online after closing the attack path used during the June 21 exploit. The project added that independent security experts reviewed the implemented fixes before approving the recovery plan. The restart will begin with deploying the security updates and verifying the blockchain’s finalized state. Taiko said its Security Council will oversee the process to ensure forged checkpoints or attacker claims are no longer reachable before the network advances. After completing those checks, the project plans to replenish its bridge reserves so every layer-2 asset remains backed on a 1:1 basis. Taiko added that users will be able to verify the asset backing through on-chain records. Taiko is ready to come back online. The June 21 attack path is closed, the fixes have been reviewed by independent security experts, and we have a clear, staged plan to restore the chain. We're doing it in four careful steps, to ensure user’s security and stability before it… — Taiko.eth 🥁 (@taikoxyz) June 28, 2026 The recovery will then move to restoring normal activity across the network. Transfers, token swaps, and trading services will resume before bridge operations are reactivated. Bridge Reopening Will Follow Stability Checks Taiko said the bridge will reopen only after the blockchain demonstrates stable block finalization under normal operating conditions. The Security Council will submit the proposal to unpause the bridge once those conditions are met. The project added that withdrawals will initially reopen under conservative quotas as an additional safeguard. However, Taiko said it does not expect the temporary limits to restrict normal user activity. The team also reiterated that no user funds were lost during the incident. It warned users that there is no recovery claim website and stressed that official team members will never contact users through direct messages. The June 21 exploit renewed industry attention on bridge security and proof verification mechanisms. Recent attacks involving cross-chain infrastructure have increased scrutiny of recovery procedures designed to protect user assets after security incidents. With the attack path now closed, Taiko’s focus has shifted from containing the exploit to restoring full network operations. The project’s phased recovery plan aims to resume services gradually while reducing operational risks during the restart. The post Taiko Unveils Four-Step Plan to Restore Network After Cyberattack appeared first on Live Bitcoin News.

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