IoTeX Re-poster

I have a sincere inquiry for all crypto builders. Suppose the core team behind your project were to suddenly vanish tomorrow. Would your protocol still possess the ability to continue its development and growth?

Here is a candid perspective to consider. True decentralization is absent if a blockchain network loses its ability to grow and adapt the moment its primary development group departs. Rather than being a genuinely distributed ecosystem, such a project is simply a conventional startup that happens to issue a cryptocurrency token.

Releasing roadmaps is a yearly standard for projects within the crypto space. These presentations typically consist of orderly timelines, color-coordinated phases, and quarterly milestones marked as done that no one actually verifies. We are opting out of that convention for this year. In its place, please see our Anti-Roadmap for 2026 👇

You can now access fully reopened $IOTX deposits and withdrawals on @cryptocom. This event succeeds the service recovery previously completed on 8 major exchanges. A special thanks goes to our global community for your extended patience and support. We are returning to our building efforts, with additional information coming in the near future.

Is your data infrastructure prepared for the impending arrival of quantum computing? Our Head of Cryptography, Dr. Xinxin Fan @cryptoxfan, recently engaged with the @ForbesTechCouncil to highlight how industry leaders can mitigate the "Harvest Now, Decrypt Later" security risk. As we work to link the physical and digital domains, the essential factor in scaling Real-World AI is the development of flexible, robust systems. These must be capable of safeguarding sensitive data today while remaining secure in a post-quantum future. Discover the full details on Forbes:

Our core infrastructure is back to being fully operational merely 9 days after the ioTube incident. Thanks to prompt collaboration with our partners, 8 out of 10 major exchanges have already reopened deposits and withdrawals for $IOTX. We want to express our deep appreciation to our exchange partners for their swift coordination and to the community for standing by our side.

We are happy to report that @bitget @Gate as well as @HashKey_Global and @HashKeyExchange have officially resumed full service for IOTX deposits and withdrawals. This update signifies that 8 out of 10 major exchanges are now fully operational merely 9 days subsequent to the ioTube incident. We pledged to act quickly, and we have honored that promise.

We are officially launching the ioTube Claims Portal today.

Individuals impacted by the security breach on the ioTube bridge, which occurred on Feb 21, are now invited to file their requests for reimbursement by visiting https://t.co/3H0ettTPVR.

Our priority is to ensure that 100% of the affected users receive full compensation. For those with balances of $10K or less, representing more than 90% of the affected wallets, we are arranging a prompt payout in stablecoins. Users with balances exceeding this amount will receive an initial $10K upfront, while the remaining funds will be distributed over a period of 12 months, accompanied by a loyalty bonus.

To finance this restitution, we are utilizing BTC and stablecoins directly from the Foundation treasury. We want to assure our community that this process does not involve selling IOTX. Additionally, any stolen assets that are retrieved will be allocated entirely toward these compensation efforts. We are currently continuing our work with law enforcement and maintaining active fund tracing operations.

We stand by our pledge to make every user whole. Please visit the portal and submit your claim today.

We are pleased to announce that the ioTube Claims Portal is officially open for submissions. If the bridge exploit on Feb 21 impacted your assets, please proceed to https://t.co/3H0ettTPVR to file your application for reimbursement. Our team remains steadfast in our commitment to fully compensate 100% of the users involved in this incident.

Regarding the payout structure, accounts holding balances up to $10K, which represents over 90% of the affected wallets, are eligible for a prompt payout made in stablecoins. For users with larger balances, we have structured a plan that provides $10K upfront, with the remaining funds distributed over a 12-month duration, accompanied by a loyalty bonus.

Please note that these reimbursements are financed entirely through the Foundation treasury using BTC and stablecoins; this process involves no selling of IOTX. Furthermore, any stolen assets that are successfully recovered will be applied directly toward this compensation effort. We are continuing our active cooperation with law enforcement and fund tracing specialists. We are dedicated to making every user whole, so please ensure you submit your claim today.

We are pleased to confirm that @binance has fully reinstated deposits and withdrawals for IoTeX ($IOTX). The network is currently operating at maximum capacity, and all systems are functioning normally. Furthermore, services are being brought back online by our exchange partners exactly as scheduled. This serves as a clear example of a speedy recovery. 🦾🪖

We have officially released IIP-56: Deprecation of CIOTX Across All Networks. This initiative is designed to discontinue CIOTX usage on every supported platform, specifically IoTeX, BSC, Polygon, Solana, Base, and Ethereum. The proposal details distinct wind-down procedures that vary depending on if the exploit affected a specific network. We invite you to get ready for the governance vote and community discussion opening shortly.

Full proposal:

Update on Exchange Connectivity and Recovery Progress

Following the complete restoration of the IoTeX mainnet on February 24, we are pleased to confirm that exchange integrations are steadily coming back online. At present, full service capabilities, including both deposits and withdrawals, have been restored on @coinbase and @MEXC_Official. Furthermore, withdrawal functions are now live for users on @binance and @Official_Upbit.

We expect services to resume shortly for @bitget, @gate_io, @wallet, @BithumbOfficial, @kucoincom, @HashKey_Global, @BitMartExchange, and other providers. Our team is maintaining active communication with every partner to ensure full functionality is reinstated as quickly as possible. We will continue to provide specific updates as each platform reactivates.

Regarding the recovery efforts, we are collaborating extensively with law enforcement, premier blockchain analytics organizations, and asset recovery experts to track and reclaim the misappropriated funds. We are currently monitoring the attacker's activity in real time.

We want to express our sincere gratitude to our exchange partners and the entire community for your continued support and patience.

🚨 Regarding the security event that occurred recently:

We have successfully brought the issue under control and are currently reinforcing the safety of the IoTeX chain. Latest figures indicate that the exploit resulted in a loss of approximately $2M USD, affecting specific assets such as WBTC, IOTX, USDT, and USDC.

Evidence from our investigation points to a highly complex and premeditated strike executed by professional actors against a variety of chains. To facilitate the freezing and recovery of these assets, we are actively coordinating with law enforcement officials and exchange platforms.

We anticipate that deposits and standard chain functions will restart within a 24-48 hour window as we complete necessary security enhancements. We are grateful for your continued patience and commit to keeping you informed with complete transparency. 🛡️

Attention has been drawn to irregular activity concerning an IoTeX token safe, and we want to assure you that the matter is currently well in hand. Our personnel are working non-stop to evaluate the circumstances and ensure containment. Regarding the scope of the incident, preliminary figures show that the potential financial impact is far less severe than what current rumors might suggest. We have actively enlisted the help of top-tier security firms and major exchanges to assist us in tracking down and freezing the assets involved. As we continue to monitor the situation with vigilance, we will ensure the community receives timely information.

Happy Lunar New Year. As 2026 arrives as the Year of the Horse, we wish our global community a year characterized by speed, power, and prosperity. We look forward to riding together toward a Real World AI future. #IoTeX #RWAI #LunarNewYear

Witness the evolution of DePIN at @consensus_hk this Feb 11. Join @larrypang from IoTeX, along with @Austin_Federa of DoubleZero and @fmong from Helium, as they present on the Frontier Stage. This event occurs during the AI & Robotics Summit.

https://consensus-hongkong.coindesk.com/agenda/event/-depin-is-growing-up-out-of-pilot-and-into-adoption-56

Witness the evolution of DePIN at @consensus_hk on Feb 11. Hosted on the Frontier Stage as part of the AI & Robotics Summit, this session features @larrypang of IoTeX alongside DoubleZero representative @Austin_Federa and @fmong from Helium. The discussion will address the transition of decentralized networks from an interesting experiment into capable real-world infrastructure, while examining how to build credibility beyond the crypto space.