PANews February 21st – On the X platform, on-chain analyst Specter reported that IoTeX may have experienced a private key leak event, with all assets from its token safe being transferred out by attackers, resulting in a total loss of approximately $4.3 million.
On-chain data shows that the attacker transferred multiple contract assets, including USDC, USDT, IOTX, PAYG, WBTC, and BUSD. The stolen assets have since been exchanged for ETH, with about 45 ETH bridged across chains to the Bitcoin network. The incident is still under further investigation.
The disclosed attacker addresses are as follows:
0x6487B5006904f3Db3C4a3654409AE92b87eD442f
1PN2BoHU4buDQWcrNHk9T9NBA2qX8oyYEc
135oSa2fobTxtHtm5dwTREDyRY2o1DG1Aw
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trader on Polymarket loses hundreds of thousands of USD due to fake Uniswap ads on Google
A trader lost hundreds of thousands of dollars after clicking a fake Uniswap ad on Google. This incident highlights ongoing phishing scams in crypto, where attackers disguise malicious sites to steal assets. Experts urge stricter measures against such fraudulent ads.
TapChiBitcoin26m ago
IoTeX: Previously suffered $2 million in on-chain attack losses, expected to resume operation within 48 hours
IoTex announces an update stating that they have controlled the private key leak incident, with losses of approximately $2 million, involving multiple assets. The team is working with exchanges and law enforcement agencies to freeze the stolen funds and conduct an investigation. On-chain functionalities will be restored after the security upgrade and will keep transparent progress.
GateNewsBot9h ago
Fraud losses in the cryptocurrency sector reached $370 million in January, the highest in nearly 11 months
Uniswap founder Hayden Adams warns that search engine ads impersonating Uniswap have caused users to lose high-value crypto assets, with scammers using this to trick users into connecting wallets and authorizing transactions. In January 2026, the crypto industry suffered losses of $370.3 million from such attacks, mainly caused by phishing links and fake ads, highlighting the threat of brand impersonation to user trust.
GateNewsBot9h ago
ZachXBT warns that accounts on X are fabricating content to lure and scam users.
ZachXBT warns of a social media account allegedly fabricating stories to increase engagement and lure users into scams. The account has gained a large following using shocking content. The public is encouraged to verify information and remain cautious of high-profile accounts to avoid scams.
TapChiBitcoin9h ago
IoTeX Bridge Exploit Drains $8M After Private Key Compromise
The IoTeX blockchain faced a major exploit, with over $8M stolen due to a compromised private key. The hacker quickly converted the stolen assets into Ethereum and began transferring them to Bitcoin. While IoTeX reported lower losses than expected, the incident highlights security vulnerabilities in cross-chain bridges.
BlockChainReporter11h ago
Uniswap CEO Warns of Scam Ads After $370M January Crypto Losses
In January, cryptocurrency scams and exploits totaled $370.3 million, the highest in 11 months. Uniswap's CEO warned of fraudulent ads imitating their platform, highlighting a user who lost everything due to such scams. The situation underscores ongoing risks in crypto investments.
TheNewsCrypto02-21 08:27
