IoTeX: The security incident has been contained, with approximately $2 million in losses. Deposit and withdrawal services are expected to be restored within 24-48 hours.

GateUser-6433627c · 2026-02-22T03:16:54+00:00

IoTeX announced the progress of the security incident on February 22nd. The team has controlled the risk and reinforced the network, with approximately $2 million affected across various assets. The incident was a complex attack. IoTeX is working with the platform and law enforcement agencies, has frozen the stolen funds, and expects to resume operations within 24 to 48 hours.

GateUser-6433627c

2026-02-22 03:16:54

Abstract generation in progress

On February 22, IoTeX announced the latest update on the security incident, stating that the team has controlled the related risks and that the IoTeX network is being reinforced. Current data shows that the impact of this attack is approximately $2 million, involving assets such as USDC, USDT, IOTX, and WBTC. The investigation indicates that this was a complex, long-planned attack carried out by a professional group targeting multiple blockchains. IoTeX stated that they are working closely with exchanges and law enforcement agencies to freeze stolen funds and advance tracking and recovery efforts. On-chain operations and deposit/withdrawal services are expected to be restored within 24 to 48 hours. The team will reopen related features after completing security upgrades and has committed to providing transparent updates moving forward.

IOTX-8,35%

WBTC-0,82%

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