IoTeX Official Group

23 February 2026 15:44

IoTeX Bridge Hacked: Losses Estimated $2M+

@iotex_io has confirmed a exploit targeting its cross-chain bridge. According to the team, the confirmed losses amount to approximately $2M in $USDC, $USDT, $IOTX, and WBTC – with some estimates suggesting the total damage could reach up to $8M.

$IOTX dropped 23% to $0.0043 following the hack, with South Korean exchanges Upbit and Bithumb adding the token to their delisting watchlists.

The team describes it as a sophisticated, long-planned attack carried out by professional actors and targeting multiple chains simultaneously.

The situation has been contained and IoTeX is actively working with exchanges and law enforcement to freeze and recover stolen funds. Chain operations and deposits are expected to resume within 24–48 hours once security upgrades are finalized.

IoTeX Official Group

23 February 2026 14:51

thats a scammer. We have been instructed to not dm at all

IoTeX Official Group

23 February 2026 13:36

team doing all best to trace and recover all funds still in progress.

regarding foundation reserve asset it will give us more clear details in the upcoming AMA..lets join

IoTeX Official Group

23 February 2026 13:20

liquidity is provided by the foundation. Users who were stuck during the txsn will be compensated

IoTeX Official Group

23 February 2026 13:17

the assets were a part of the iotube service. Ethereum side only. Bsc, Base are unaffected. That's it

IoTeX Official Group

23 February 2026 13:15

Yeah but the stolen assets where iotex assets ,then that could cause a bankrupt? Maybe i Am not understanding

IoTeX Official Group

23 February 2026 13:10

have you read the latest update? That has a lot more details

IoTeX Official Group

23 February 2026 13:07

so the team had $4M in the token safe and $2M were stolen? Could IoTeX go bankrupt because of the $2M hack?

IoTeX Official Group

23 February 2026 12:41

Please leave the data so that the Korean investor can understand that you are communicating with the exchange

IoTeX Official Group

23 February 2026 12:38

but team already mentioned no delisting concern..I also forwarded your link about your concern so stay tuned if any update i got from the team

IoTeX Official Group

23 February 2026 12:36

It's not a good measure, it's a measure considering delisting

IoTeX Official Group

23 February 2026 12:35

If it is delisted, Koreans cannot trade

IoTeX Official Group

23 February 2026 12:32

Designation of three significant points on the Korea Exchange

IoTeX Official Group

23 February 2026 12:29

아이오텍스(IOTX) 거래유의종목 지정
https://m-feed.bithumb.com/notice/1652061

IoTeX Official Group

23 February 2026 12:08

https://x.com/i/status/2025828835628138835

IoTeX Official Group

23 February 2026 15:02

⚠️ Important Notice: ⚠️

No Support via DMs: Admins, moderators, and team members will NEVER provide support through Telegram DMs.

IoTeX Official Group

23 February 2026 14:50

@anwar139 did you DM me this morning? There's a scammer with your exact username and profile pic in this group if not

IoTeX Official Group

23 February 2026 13:32

Part B: Bridge Reserves (approximately 2,183 ETH)
Does this represent a loss of only Foundation assets? What are the future implications of the Foundation loss?

IoTeX Official Group

23 February 2026 13:19

So, if tokens are stolen from the bridge, they belong to the users who provided liquidity, right?

IoTeX Official Group

23 February 2026 13:16

it will not. Read the remedial steps too. There will be a white hat bounty program to further improve

IoTeX Official Group

23 February 2026 13:11

emphasis: the exploit happened in iotube only

IoTeX Official Group

23 February 2026 13:09

thanks for this question i think we can hear more clear answer in the upcoming AMA related the hack and the asset lost

IoTeX Official Group

23 February 2026 12:42

its the team communicate to all CEX so its a team duty to secure that one..as long you already inform that to us then please trust us to do our job in any internal conversation

IoTeX Official Group

23 February 2026 12:40

It has nothing to do with the team's decision to abolish it

IoTeX Official Group

23 February 2026 12:37

If you don't convince them, it will be abolished like three exchanges

IoTeX Official Group

23 February 2026 12:36

fully understood and im with you Sir

IoTeX Official Group

23 February 2026 12:34

already forwarded this to the team which good measure from the CEX to protect investor

but will reforward the team mentioned no delisting concern from Korean Exchange

IoTeX Official Group

23 February 2026 12:31

https://apps.coinone.co.kr/d3rnex

IoTeX Official Group

23 February 2026 12:14

Thanks Gopi will inform the team about this its a normal action from the group for immediate protective measures for investors

IoTeX Official Group

23 February 2026 10:05

⚠️Important update from the team regarding the recent ioTube Bridge Exploit🚨

We've published a detailed breakdown covering:

• What happened
• What is safe
• Status of funds
• Recovery actions underway
• Compensation plan
• Next steps

Most importantly, the IoTeX L1 chain and user assets remain safe. The exploit was isolated specifically to the Ethereum-side bridge contracts.

Read the full update here: https://x.com/iotex_io/status/2025824807120412842

We'll also be hosting a community AMA to answer questions and provide further clarity

Thanks for your patience and support 💙