
According to IoTeX’s official statement, Mainnet v2.3.4 has been restored after the ioTube exploit, with most illicitly minted tokens frozen and full user compensation pledged.
IoTeX announced it restored Mainnet v2.3.4 on Feb. 24, following an ioTube bridge exploit that resulted in about $4.4 million in losses. Attackers minted 410 million CIOTX tokens, of which 99.5% are locked or frozen, and 0.4% were sold via DEX. Proceeds were converted to 2,183 ETH and then 66.78 BTC across four monitored addresses. The network froze 45 million IOTX tokens and has pledged to fully compensate affected users. The restoration includes continued security measures after implementing malicious address filtering in the latest upgrade.