PANews reported on March 3 that IoTeX released another update on the security incident following a suspected private key leak and hacking attack. The update announcedPANews reported on March 3 that IoTeX released another update on the security incident following a suspected private key leak and hacking attack. The update announced
IoTeX launched a claims portal, clarifying that claims funds did not come from the sale of IOTX tokens.
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PANews reported on March 3 that IoTeX released another update on the security incident following a suspected private key leak and hacking attack. The update announced the official launch of its claims portal, allowing affected users to submit claims. All affected users will receive compensation. IoTeX stated that users with affected assets totaling no more than $10,000 will be compensated in stablecoins, covering over 90% of affected users. Users with affected assets exceeding $10,000 will receive full compensation in installments and additional rewards. IoTeX clarified that the compensation funds do not come from the sale of IOTX tokens, but from the foundation's treasury (Bitcoin + stablecoins). Fund tracing and enforcement efforts are ongoing, and all recovered stolen assets will be used directly for compensation.
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