SIGNAL OF THE DAY: $TAIKO Taiko got exploited, crashed, and the team reopened the bridge and told everyone funds were safe. The price kept falling anyway. · Signal: 98 Down 34%, but is this a dip to buy or a trap to avoid?" $TAIKO · $0.1289 · Long Liquidation Cascade

THE BLOCK: Ethereum Layer 2 Taiko has reopened its bridge, marking the last step of recovery after last month's exploit. "Our response is complete: the network is fully restored and every user is whole," Taiko says. A full post-mortem on the exploit will be released soon.

As part of streamlining our SolvBTC ecosystem, we’re sunsetting bridging support for multiple lower-usage chains and strategies. Affected chains include: → Merlin, Taiko, Mode, Sonic, Corn, Soneium, Berachain, Linea, Rootstock, Polygon, Movement, zkSync Era, HyperEVM, TAC, + related variants. ⚠️Bridging for these will be disabled by end of June.⚠️ If you hold SolvBTC on any of these, please bridge back to our maintained chains (BTC Mainnet, BNB, ETH, Base, Ink, Solana, Starknet, Stellar, XLayer) before the deadline. We’re focusing resources on high-liquidity chains and core strategies to deliver better security, deeper integrations, and sustained performance for SolvBTC, xSolvBTC, and BTC+. Full related questions, feel free to submit a ticket to our discord.