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IoTeX Network Exploit Causes $2M Damage, Operations to Resume in 24-48 Hours

Slightly negative impact

IoTeX team reports a network exploit causing about $2M in damage, including USDC, USDTT, IOTX, and WBTC. Network operations and deposits will resume in 24-48 hours after security updates are completed.

Price Impact by Token

IOTXSlightly negative

Affected Tokens

IOTX

Sources

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