IoTeX Hack

Reported loss $8.0M
Ethereum
Private Key Compromised

What happened

On February 21, 2026, the ioTube bridge used by IoTeX was exploited, allowing unauthorized CIOTX minting on Ethereum. IoTeX stated that its Layer 1 chain, consensus, and native IOTX token were unaffected.

How it happened

Because attacker-minted CIOTX on Ethereum could propagate to Base and Solana, the approved remediation permanently shut the affected bridge paths and established a claims process for legitimate holders.

Protocol details

Classification Infrastructure / Bridge / Key Compromise
Protocol Type Chain
Category Bridge Hack
Implementation language Solidity
Protocol links Website @iotex_io

Market Context at Time of Hack

Token Price at Hack $0.00538250
Market Cap at Hack $50.8M
Reported loss / token market cap 15.76%
Token Categories
Platform AI & Big Data Distributed Computing DeFi IoT Ethereum Ecosystem Hashkey Capital Portfolio Kenetic Capital Portfolio

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