iotex

On February 21, 2026, #IoTeX had a major security breach when a private key connected to their TokenSafe and related bridge infrastructure was stolen.
This let an attacker take money from the project's treasury and bridge contracts.
Based on what security firms, on-chain analysts, and IoTeX's official statements say, here's a breakdown of what happened:
Early reports from companies like PeckShield and analysts like Spectre warned about the exploit and said it could cost between $4.3 million and $8.8 million.
This included drained assets like USDC, USDT, IOTX, WBTC, PAYG, and BUSD.
The attacker is said to have traded a lot of it for ETH and used THORChain to move some of it to Bitcoin for laundering.
People also talked about making tokens like CIOTX and CCS without permission.
The official update from IoTeX confirmed the breach but said the real damage was less than $2 million USD, mostly in USDC, USDT, IOTX, and WBTC.
They said it was a planned, sophisticated attack by professional actors on several chains. The team quickly took care of the problem.
The IoTeX chain was temporarily stopped so that security improvements could be made. They said that operations, including deposits, would start up again within 24 to 48 hours of their February 21 statement.
IoTeX is working with exchanges, security partners, and the police to find the stolen money, freeze it, and maybe even get it back.
It looks like this is a problem with IoTeX's centralized/key management, probably with their bridge or treasury multisig/hot wallet setup. It's not a problem that affects all user wallets or private keys on the IoTeX network.
Caution for IoTex Holders
If you hold IOTX regularly and use a non-custodial wallet like ioPay or MetaMask, your money should be safe unless you directly interacted with compromised contracts during the time period.
If you're involved with IoTeX, here are some things you should do: Don't do any transactions or use any bridges that seem suspicious until official announcements say that everything is back to normal.
Follow @iotex_io on X for news. Check your positions again when operations start up again if you staked or deposited in official pools or bridges.
As always in crypto, don't share your private keys, use hardware wallets for large amounts of money, and be careful of phishing when big news stories break.
The price of the IOTX token fell by about 9–10%, but the team says that the core chain security is still strong.

This shows that there are still risks with managing bridges and private keys in the space. Take care out there!
$IOTX
#security

Một lời nhắc nhở khác rằng trong crypto, an ninh không phải là tùy chọn.
Mạng IoTeX được cho là đã bị khai thác cầu nối dẫn đến việc khoảng 8,8 triệu đô la tài sản bị đánh cắp. Giống như hầu hết các sự cố xuyên chuỗi, phản ứng ngay lập tức rất nhanh chóng: các hoạt động cầu nối đã tạm thời bị ngừng lại để ngăn chặn thêm tổn thất.
Nhưng ngoài con số tiêu đề, sự kiện này làm nổi bật một vấn đề cấu trúc sâu sắc hơn trong tài chính phi tập trung — sự dễ bị tổn thương liên tục của các cầu nối blockchain.
Chuyện gì thực sự đã xảy ra?
Trong khi các chi tiết kỹ thuật vẫn đang được công bố, cuộc khai thác đã nhằm vào cơ sở hạ tầng cầu nối IoTeX, kết nối IoTeX với các hệ sinh thái blockchain khác.