IoTeX Suffers Private Key Compromise in Bridge Infrastructure, Co-Founder Confirms Roughly $2 Million in Losses

On February 21, 2026, IoTeX, a Layer-1 blockchain designed to link Internet of Things devices with decentralized applications and real-world artificial intelligence, faced a targeted security breach involving a compromised private key. The incident affected the project’s cross-chain bridge system, known as ioTube, leading to... Read More