IoTeX Bridge Hacked for $8 Million via Private Key Exploit

IoTeX Bridge Hacked for $8 Million via Private Key Exploit

First seen 21 Feb 2026, 16:11 UTC •TradingviewYellowTheblock.CoCryptopolitanBinance+3 •85% similarity •29.3

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On February 21, 2026, IoTeX's cross-chain bridge was compromised due to a private key exploit, resulting in the theft of over $8 million in cryptocurrency. The incident led to a significant dip in the value of the IOTX token as the crypto community reacted to the breach. This event highlights the increasing security risks associated with AI-focused blockchain networks.

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Timeline

2026-02-21
IoTeX bridge hacked, $8 million stolen
2026-02-21
IOTX token price dips following the hack

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IoTeX CrossCurve Ethereum Bitcoin THORChain