IoTeX Reports $4.3M Loss from Security Incident in Token Safe

IoTeX Reports $4.3M Loss from Security Incident in Token Safe

First seen 21 Feb 2026, 18:11 UTC TradingviewKucoinFinancefeedsMenafnCrypto.News+2 83% similarity 31.3

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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.

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Timeline

2026-02-19
Unusual activity detected in IoTeX token safe
2026-02-21
IoTeX confirms security incident and estimated losses

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