Taiko: Users Told to Withdraw Bridge Funds

Taiko has directed users to withdraw assets from its Ethereum Layer-2 bridge following a confirmed security breach.

ETH sits at $1741.66 inside a bullish trend with price above the EMA50 support at $1729.68 while MACD registers a golden cross at 4.34; however the pair is pressing the upper Bollinger Band resistance at $1762.57 with RSI at 52.49, pointing to a likely retracement toward the 50-EMA before any sustained continuation.