Incident Overview and Initial Response
In response to the recent security incident involving the asset vault, the IoTeX team swiftly activated its emergency response protocol, conducting a comprehensive assessment and implementing key measures to contain potential risks. Immediate collaboration was established with major exchanges and cybersecurity partners to trace suspicious transactions.
Situation Under Control
As of now, the situation has stabilized significantly. Movements of illicit funds have been effectively restricted, with portions of the hacker’s assets already frozen. Exchange partners continue to assist in investigation and asset recovery efforts.
Clarification on Loss Estimates
In response to circulating rumors regarding the scale of financial loss, IoTeX clarified that actual damages are considerably lower than widely speculated. A detailed report will be released once the investigation concludes.
Next Steps and Community Communication
IoTeX remains committed to maintaining transparency with its community. Regular updates will be shared via official channels. Additionally, the team is enhancing its security infrastructure to prevent future incidents of this nature.