IoTeX: Losses amount to approximately $2 million; on-chain operations and deposit functionality will be restored within 24-48 hours.

Techub News reports that IoTeX has released an update on the hacking incident. The team has brought the security incident under control, and IoTeX Chain is strengthening its security. Current data shows that the attack resulted in approximately $2 million in losses, affecting assets including USDC, USDT, IOTX, and WBTC. The investigation indicates that this was a meticulously planned and premeditated attack by professional hackers, targeting multiple exchanges. The team is working closely with major exchanges and law enforcement to freeze the stolen funds and is investigating to recover them. Furthermore, the team is completing security upgrades, and on-chain operations and deposit functions will be restored within 24-48 hours.