The post IoTeX Bridge Hacked for $8.8M via Private Key Exploit, IOTX Price Dips appeared first on Coinpedia Fintech News
IoTeX’s cross-chain bridge was hit by a private key exploit on February 21, draining over $8 million in crypto assets and sending the IOTX token tumbling. The attack, which unfolded between 7 and 9 AM UTC, gave the hacker control over IoTeX’s TokenSafe and MinterPool contracts. On-chain analyst Specter was among the first to flag …