IoTeX suspected private key leak results in approximately $4.3 million worth of assets stolen and transferred across chains

IOTX0,94%
WBTC4,86%

PANews February 21st – On the X platform, on-chain analyst Specter reported that IoTeX may have experienced a private key leak event, with all assets from its token safe being transferred out by attackers, resulting in a total loss of approximately $4.3 million. On-chain data shows that the attacker transferred multiple contract assets, including USDC, USDT, IOTX, PAYG, WBTC, and BUSD. The stolen assets have since been exchanged for ETH, with about 45 ETH bridged across chains to the Bitcoin network. The incident is still under further investigation. The disclosed attacker addresses are as follows:

0x6487B5006904f3Db3C4a3654409AE92b87eD442f

1PN2BoHU4buDQWcrNHk9T9NBA2qX8oyYEc

135oSa2fobTxtHtm5dwTREDyRY2o1DG1Aw

View Original
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

Korean police evidence points to escalation in Bitcoin theft case: 22 BTC stolen, two suspects arrested, raising concerns over asset custody security

South Korean police recently arrested two suspects involved in the theft of 22 Bitcoins, with the stolen assets valued at approximately $1.5 million. These Bitcoins were originally evidence held by the police, highlighting vulnerabilities in digital asset management. Korean authorities are implementing stricter digital asset management systems to prevent such incidents from happening again.

GateNews21m ago

LLM Might Destroy Online Anonymity and Privacy: Can AI Find Out Who Satoshi Nakamoto Is?

A recent study shows that large language models (LLMs) have the ability to de-anonymize internet users by inferring real identities from public posts, raising concerns within the crypto community and about online anonymity. Researchers point out that LLMs can automate data analysis processes, reducing identification costs, and in the future, text may be viewed as a data target for mining. Additionally, this could impact blockchain privacy and challenge traditional anonymity mechanisms.

ChainNewsAbmedia44m ago

IoTeX Bridge Hacked: 100% Compensation — Users with losses under $10,000 receive immediate reimbursement

The IoTeX Foundation has launched a compensation plan for the ioTube cross-chain bridge security incident, promising full compensation to users holding affected assets. Users can apply for compensation through the Claims Portal on February 27, with two options: immediate full payout and installment payments. Over 86% of the stolen funds have been frozen, and the foundation will conduct an independent security audit and cooperate with law enforcement agencies to investigate the attackers.

MarketWhisper1h ago

IoTeX proposes a 100% user compensation plan for the ioTube hacking incident: users with losses of $10,000 or less will receive immediate compensation.

The IoTeX Foundation has announced the investigation and compensation plan for the ioTube cross-chain bridge security incident, promising to fully compensate users holding affected assets. Users with losses of $10,000 or less can receive a full refund, while amounts exceeding that will be compensated in installments with additional compensation. Recovery and payouts will begin on February 27.

GateNews3h ago

The Chen Zhi case and the Zhao Changpeng case: The United States profits nearly $20 billion from them

Author: Yuan Hong, Global Times On February 26, the China National Computer Virus Emergency Response Center and other departments jointly released the latest report showcasing how the United States leverages technological dominance to harvest global virtual currency assets. According to incomplete statistics, from 2022 to 2025, the U.S. has confiscated over $30 billion worth of global virtual currency assets through various cases, with the Chen Zhi case alone accounting for $15 billion, or 50% of the total. On the 26th, the China National Computer Virus Emergency Response Center, the National Engineering Laboratory for Computer Virus Prevention and Control Technology, as well as 360 Digital Security Group and Ant Technology Group Co., Ltd., jointly published "The 'Number One Player'—An In-Depth Analysis of the U.S. Technological Hegemony and Global Virtual Currency Asset Harvesting Operations." The report, combining typical cases such as the Chen Zhi case and Zhao Changpeng case, explores the background of blockchain technology and security risks, systematically analyzing how the U.S. exploits technological dominance to harvest global assets.

PANews4h ago

Holdstation Wallet hacked for 462,000 USDT: Here's how hackers bypassed MFA and withdrew funds in 2 minutes

On February 25, 2026, DeFAI Holdstation in Vietnam suffered a significant supply chain attack resulting in a loss of 462,000 USDT. The breach targeted the application's infrastructure, modifying the JavaScript file to insert malware. Holdstation pledged a 100% refund to affected users and emphasized the importance of securing distribution layers in software.

TapChiBitcoin4h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)