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# iotx
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🚨 BREAKING: IoTeX ($IOTX ) Bridge Hack 🚨
IoTeX’s cross-chain bridge **ioTube** has reportedly been exploited.
💰 Around **$4M stolen** due to private-key compromise
⚠️ Bridge operations temporarily paused
🎯 Team offering a **10% bounty** for fund recovery
This incident highlights ongoing risks in cross-chain bridges and DeFi security.
Stay cautious and always verify project safety.
#CryptoNews #IOTX #CryptoHack #DeFi #Blockchain
IoTeX’s cross-chain bridge **ioTube** has reportedly been exploited.
💰 Around **$4M stolen** due to private-key compromise
⚠️ Bridge operations temporarily paused
🎯 Team offering a **10% bounty** for fund recovery
This incident highlights ongoing risks in cross-chain bridges and DeFi security.
Stay cautious and always verify project safety.
#CryptoNews #IOTX #CryptoHack #DeFi #Blockchain
IOTX-6,28%
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🏴☠️ #IOTX IoTeX: IoTeX L1 Network is secure. User assets on IoTeX and exchanges are safe.
An attacker issued 410 million CIOTX and withdrew tokens worth approximately $4.4 million from bridge reserves in various denominations. Over 86% of all issued tokens are frozen. An additional 12.8% (52.4 million IOTX) were tracked to Binance, where we are actively working with Binance and trading partners to freeze them. Only 0.4% (1.7 million) were exchanged on DEX and are considered at risk.
#CelebratingNewYearOnGateSquare#
View OriginalAn attacker issued 410 million CIOTX and withdrew tokens worth approximately $4.4 million from bridge reserves in various denominations. Over 86% of all issued tokens are frozen. An additional 12.8% (52.4 million IOTX) were tracked to Binance, where we are actively working with Binance and trading partners to freeze them. Only 0.4% (1.7 million) were exchanged on DEX and are considered at risk.
#CelebratingNewYearOnGateSquare#
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