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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vitalik Buterin Outlines Ethereum Foundation’s Vision for DeFi - U.Today
Vitalik Buterin outlines the Ethereum Foundation's future approach, emphasizing support for decentralized, secure, and private protocols. He encourages innovation beyond better stablecoins and introduces the "walkaway test" to ensure true decentralization.
UToday6m ago
WisdomTree Gets SEC Nod to Enable Instant Settlement for Tokenized Money Market Fund
In brief
WisdomTree's tokenized money market fund will soon trade 24/7.
The shift will also allow investors to cash out WTGXX instantly.
The arrangement required approvals from the SEC and FINRA.
WisdomTree said on Tuesday that it’s enabling instant settlement for its tokenized money mar
Decrypt1h ago
Ethena Quietly Pivoted – Is ENA Now the “AWS of Stablecoins”?
Ethena (ENA) may have just changed its business model, and most of the market barely reacted. AI agent Aiixbt shared on X that the project has stepped away from directly competing in the stablecoin wars.
Instead of fighting for market share with USDe, Ethena is now offering white-label
CaptainAltcoin1h ago
Ethereum Foundation Stakes 70,000 ETH to Boost Network Security
The Ethereum Foundation is staking 70,000 ETH to enhance network security and validator participation while generating yield. This strategy funds protocol research and ecosystem growth without asset sales, leveraging resilient tools for risk mitigation.
CryptoFrontNews2h ago
Is Meta returning to the stablecoin battle? Rumors suggest that in the second half of the year, they will integrate a US dollar stablecoin and collaborate with third parties to launch a new wallet for payment deployment.
Meta plans to re-enter the stablecoin market in the second half of this year by partnering with third parties to launch a USD-pegged stablecoin payment system and a new digital wallet, aiming to enhance social payments and cross-border remittances. Although the regulatory environment is more relaxed than before, Meta still needs to balance compliance and brand risk to stand out in the competition and rebuild user trust.
ChainNewsAbmedia2h ago
Ethereum Foundation Starts Staking Treasury Amid Vitalik Buterin's ETH Sales
In brief
The Ethereum Foundation staked around $3.8 million worth of ETH as part of previously announced treasury operations.
The organization intends to stake up to 70,000 ETH, or $129 million worth, over time to generate yield.
The move comes amid a string of ETH sales from Ethereum
Decrypt3h ago
