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Another Crypto Hack: IoTeX Just Got Hacked for $8.8 Million - Funds Already Moving to Bitcoin
What Happened:
The Attacker Drained Multiple Tokens From The IoTeX Token Safe Including USDC, USDT, $IOTX , WBTC, BUSD And PAYG. All Stolen Funds Were Swapped To $ETH And The Hacker Has Already Started Moving 45 ETH To Bitcoin Through Thorchain.
Update: Another 9.3M CCS Tokens Worth $4.5M Have Also Been Drained, Bringing The Total Loss To Approximately $8.8M.
IoTeX Team Response:
The Team Says They're Working Around The Clock And Have Already Contacted Major Exchanges And Security Partners To Trace And Freeze The Stolen Assets. They Also Claim The Actual Loss Is Lower Than What's Being Reported Online.
Attacker Wallets:
0x6487B5006904f3Db3C4a3654409AE92b87eD442f
0xE6A191a894dD3c85e3c89926e9f476F818eE55d9
1PN2BoHU4buDQWcrNHk9T9NBA2qX8oyYEc
This Is Another Reminder That Private Key Security Is Everything In Crypto. One Compromised Key Can Drain Millions In Seconds.
Stay Safe Out There.