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IoTeX: Approximately $2 million in assets stolen; expected to be restored within 48 hours.

Panewslab • February 22, 2026

PANews reported on February 22 that the IoTeX team announced it has contained the recent security incident and has strengthened the IoTeX blockchain. Preliminary data indicates the attack caused approximately $2 million in damages, including USDC, USDT, IOTX, and WBTC.

Investigations reveal that this incident was a sophisticated, long-planned attack by professional hackers targeting multiple blockchains. The team is collaborating with exchanges and law enforcement to freeze the stolen funds and conduct investigations and fund recovery efforts. On-chain operations and deposit functionality are expected to be restored within 24-48 hours, and the team will continue to provide transparent updates.

According to reports, IoTex hackers have begun converting stolen funds into ETH and then swapping them for BTC via Thorchain .

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

IoTeX Reports $4.3M Loss from Security Incident in Token Safe IoTeX has confirmed a security incident involving unusual activity in one of its token safes, leading to estimated losses of $4.3 million. The team is actively working to assess the situation, coordinating with exchanges and security partners to trace and freeze the funds associated with the attacker. 9 sources 31

IoTeX: Approximately $2 million in assets stolen; expected to be restored within 48 hours.

The full story

Extracted Entities

Attack Types (1)

Companies (1)