IoTeX: Previously suffered $2 million in on-chain attack losses, expected to resume operation within 48 hours

IOTX-0,12%
WBTC1,58%

Odaily Planet Daily reports that IoTeX posted on X platform regarding the latest update on the previous private key leak and hacker attack incident. The team has now gained control of the related security event, and IoTeX Chain is strengthening security measures. The confirmed loss from this attack is approximately $2 million, involving assets such as USDC, USDT, IOTX, and WBTC.

It is reported that this was a complex attack planned over a long period by professional attackers, targeting multiple blockchain networks. IoTeX is working closely with exchanges and law enforcement agencies to attempt to freeze the stolen funds and advance investigation and recovery efforts. On-chain operations and deposit functions will be restored within 24 to 48 hours after completing security upgrades, and the team also commits to maintaining transparent disclosure of progress moving forward.

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