IoTeX Hit by Private Key Exploit, Attacker Drains Over $2 Million

IoTeX, a Layer-1 blockchain that connects real-world devices to crypto applications, suffered a security breach after attackers compromised a private key linked to its token safe and bridge infrastructure.  Early reports from blockchain security researchers estimated losses of more than $8 million. However, IoTeX later said confirmed losses are around $2 million, much lower than The post IoTeX Hit by Private Key Exploit, Attacker Drains Over $2 Million appeared first on BeInCrypto.