IoTeX offers a 10% bounty to the cross-chain bridge hacker, demanding the return of $4.4 million worth of assets within 48 hours.

IOTX-9,83%

Odaily Planet Daily reports that IoTeX has announced a 10% white-hat bounty (approximately $440,000) for hackers who attack its ioTube cross-chain bridge, provided that the stolen assets of about $4.4 million are returned within 48 hours. IoTeX co-founder and CEO Raullen Chai stated that if the funds are returned, the team will not pursue legal action or disclose the hacker’s identity to law enforcement.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Polygon Strengthens Global Payments Role with Brazil’s BBRL Stablecoin Launch

Grupo Braza, one of Brazil’s largest foreign exchange banks, has launched BBRL, a new stablecoin on the Polygon network. BBRL is backed by reals in reserve, expanding the reach of Brazil’s national currency in global digital finance as CBDC development slows down. Grupo Braza, one of Brazil’

CryptoNewsFlash3m ago

Ethereum Foundation Announces "Long-Term Development Roadmap": 7 Hard Forks in 4 Years, Focused on 5 Major Goals

The Ethereum Foundation recently launched a development plan called "Strawmap," which aims to conduct at least 7 hard forks before 2029 to improve transaction speed and network throughput. The main goals of the plan include reducing transaction confirmation time to 8 seconds and increasing Layer 1 throughput to 10,000 TPS. Co-founder Vitalik Buterin emphasized the importance of this roadmap for network scalability.

区块客20m ago

Ethereum Foundation announces the launch of Project Odin to build a sustainable project funding support system

The Ethereum Foundation launches Project Odin, aimed at providing structured support to infrastructure teams, helping them establish diversified funding sources and reduce reliance on single funding. The program lasts for 12 months and is staffed with strategic advisors to assist teams in achieving sustainable development. The first pilot team is the Foundation for Verified Software.

GateNews38m ago

PayPal, MoonPay, and M0 jointly launch PYUSDx, supporting the creation of custom stablecoins within applications

PayPal partners with MoonPay and M0 to launch PYUSDx, aimed at supporting developers in creating stablecoins anchored to PayPal USD. This tokenization framework allows for rapid deployment of customized stablecoins, with the first application in the DeFi protocol USD.ai. Additionally, the PYUSDx token is independent of PayPal USD and cannot be used directly within its accounts.

GateNews40m ago

Primitive Ventures: The "East-West Divide" in Prediction Markets — Why Are We Betting on Opinion Labs?

The article discusses the evolution of prediction markets, particularly how Opinion Labs has made breakthroughs in liquidity and localized belief trading through AI technology. There are significant differences between Eastern and Western markets in terms of focus and participation methods; the East emphasizes content and entertainment, while the West is moving towards financialization. Ultimately, Prediction Market 2.0 has evolved into a culturally driven, diversified development path.

PANews50m ago

Pi Network Rolls Out Phase 2 Protocol Upgrades With Mandatory Node Deadline

Pi Network set March 1 as the mandatory deadline for Step 2 upgrades, and Mainnet nodes that miss it risk losing network connectivity. The update advances Pi’s protocol path toward newer Stellar consensus versions, with the Core Team targeting version 23 by June 2026. Pi Network has

CryptoNewsFlash1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)