IoTex Compensation Plan: Users with damages not exceeding $10,000 are eligible for immediate full compensation. The claim portal will be announced on February 27.

CycleProphet · 2026-02-26T04:31:12+00:00

IoTex announced on February 26th the full recovery and compensation plan, which will provide 100% full compensation to all affected legitimate users. Eligible users will receive instant payouts, and users with over $10,000 will be compensated in phases and receive additional rewards. Relevant information will be announced on February 27th.

CycleProphet

2026-02-26 04:31:12

Abstract generation in progress

Deep Tide TechFlow News: On February 26th, IoTeX announced a comprehensive recovery and compensation plan. They pledged to provide 100% full compensation to all affected legitimate users. Users who held bridged assets from Ethereum (USDC, USDT, ETH, WBTC) on the IoTeX chain during the hacking incident and used compliant wallet addresses are eligible for compensation. Users with affected assets totaling no more than $10,000 will receive immediate full compensation, covering over 90% of affected users. Users with affected assets exceeding $10,000 will be compensated in phases and receive an additional 10% reward (distributed in the form of staked 12-month IOTX). The claim portal and fund recovery deposit addresses will be announced through official channels on February 27th (Friday).

IOTX-5,64%

ETH2,55%

USDC-0,01%

WBTC0,8%

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