According to Foresight News, Taiko, an Ethereum second-layer network based on zkRollup, is currently experiencing downtime. The cross-chain bridge of the network is reportedly down, and the engineering team is working diligently to resolve the issue. The company has assured that user assets remain secure despite the ongoing technical difficulties.
The issue with the cross-chain bridge is being addressed by the backend relay team, who are working tirelessly to restore normal operations. The company has not provided a timeline for when the issue will be resolved, but they have reassured users that their assets are safe. This incident underscores the importance of robust security measures and efficient problem-solving strategies in the rapidly evolving world of blockchain technology.