IoTeX Successfully Upgrades and Resumes Operations

Recently, IoTeX officially announced that its L1 network has been fully upgraded and restored to normal operation. This upgrade introduces several key features, including a new default blacklist mechanism that automatically filters potentially malicious EOA addresses, significantly enhancing network security.

Background of the Security Incident

Previously, rumors of a suspected private key leak led to a system attack. To protect the overall network ecosystem, the IoTeX team swiftly responded by pausing certain services to focus on system repairs and improvements.

Compensation Plan to Be Revealed

For bridge users affected by the incident, the official statement noted that a comprehensive compensation plan will be released within the next 24 hours. This move reflects the team's commitment to user rights and lays a solid foundation for the ecosystem’s sustainable development.

Looking Ahead

  • Continuously optimize the security framework
  • Enhance transparency in community communication
  • Support stable growth of ecosystem projects

The IoTeX team emphasized its ongoing efforts to strengthen technical capabilities and provide users with a more secure and reliable blockchain experience.