Event Overview: The IoTeX team was hacked due to a private key leak, resulting in a loss of approximately $8 million and the creation of 111 million CIOTEX🔑💸. Transaction Path: The stolen funds were first transferred to ETH, then bridged across to BTC via THORChain, making tracking difficult🔗😱. Team Measures: Suspicious wallets have been frozen, and they are working with exchanges and security companies to trace the assets and prevent further loss🚫. Market Reaction: IOTX price dropped by 7%, and market capitalization plummeted📉.