TechFlow News: On February 22, IoTeX published an update on the prior private key leak hacking incident via its X (formerly Twitter) account. The announcement stated that the team has brought the security incident under control and is reinforcing the security of the IoTeX Chain. The confirmed losses from this attack amount to approximately $2 million, affecting assets including USDC, USDT, IOTX, and WBTC. This was a sophisticated, long-planned operation carried out by professional attackers targeting multiple blockchain networks. IoTeX is closely collaborating with exchanges and law enforcement agencies to freeze stolen funds and advance investigation and recovery efforts. On-chain operations and deposit functionality will resume within 24–48 hours after the completion of security upgrades. Additionally, IoTeX pledged to maintain transparent disclosure of progress going forward.
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