IoTeX plans to announce the compensation plan within 24 hours, and L1 has been restored online.

Odaily Planet Daily reports that IoTeX announced on the X platform that after a suspected private key leak led to a hacker attack, the L1 network has been restored and upgraded to version 2.3.4. The new version includes a default blacklist that automatically filters malicious EOA addresses to enhance network security. A comprehensive compensation plan for affected bridging users will be announced within 24 hours.

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