IoTeX was subjected to a private key exploit attack, with the attack taking more than $2 million

A private key exploit was discovered that gave the attacker control over IOTEX’s TokenSafe and MinterPool contracts on February 21. In the end, the hackers stole an estimated $2 million in digital assets, causing IOTX to drop by more than 9%.

Why this is important:

• The face carriers IOTX Immediate losses after the symbol fell about 9.2% to $0.0049 based on Data Queen Gekko.
• Use the striker Thor Qin To merge the stolen ETH into Bitcoin, making it difficult for exchanges and security companies to freeze the funds.
• Aiotex confirmed what you do The situation is “under control”, and the impact of the attack is about $2 million USD. However, some analysts suggest on the chain what you do Total losses could reach $8 million.

the details:

• The attack took place between 7 and 9 am UTC on February 21, giving hackers full access to the IOTEX platform’s TokenSafe and MinterPool contracts via a compromised private key.
• Specter Series Analyzer Attention First for a hacker, indicating the theft of $4.3 million USDC, USDT, IOTX, WBTC, PAYG and BUSD.
• The stolen funds were converted into ETH and about 45 ETH were bridged into Bitcoin via bullchain.
• Shoot the attacker 9.3 million CCS token worth about $4.5 million, bringing total loss estimates to about $8.8 million.
• said Aiotics co-founder Raolin Zhai On the X platform Exchanges are cooperating to freeze linked addresses, and the IOTEX chain is expected to resume within 24-48 hours.