IoTeX plans to announce the compensation plan within 24 hours, and L1 has been restored online.

IOTX-5,63%

Odaily Planet Daily reports that IoTeX announced on the X platform that after a suspected private key leak led to a hacking incident, the L1 network has been restored and upgraded to version 2.3.4. The new version includes a default blacklist that automatically filters malicious EOA addresses to enhance network security. A comprehensive compensation plan for affected bridging users will be announced within 24 hours.

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

IOTA Launches Sustainability Page Highlighting Energy Efficiency and MiCA Metrics

IOTA launched a sustainability page that shows network energy use emissions and MiCA indicator data. The page shows electricity consumed totaling 387,377.16 kWh and 100,404 kg of CO₂ emissions. The IOTA Foundation has launched a new Sustainability page that compiles environmental footprint i

CryptoNewsFlash17m ago

El Salvador Finalizes Bitcoin Diploma 2.0 Educational Program

The National Bitcoin Office of El Salvador announced that this new educational program will be implemented during the upcoming school period. The program, produced in partnership with Wespark, seeks to explain bitcoin and money concepts to public school students in a simple way. El Salvador

Coinpedia31m ago

SBI President Pushes for XRP Ledger Support - U.Today

Ripple's plans for the XRP Ledger in 2026 involve a shift to a more decentralized support structure, enabling independent organizations and community-driven programs to foster growth. A new FinTech Builder Program will aid startups in integrating blockchain with traditional financial infrastructure.

UToday58m ago

14 Million USDCx on Cardano Minted in One Hour as Mainnet Debut Approaches - U.Today

Cardano is set to launch the USDCx stablecoin, a variant backed by original USDC via Circle’s Xreserve infrastructure, designed for non-EVM chains. It emphasizes transaction privacy and aims to enhance liquidity and access for Cardano users and developers.

UToday2h ago

XRP Ledger Powers $280 Million Diamond Tokenization in Major UAE Real-World Asset Deal

Ripple’s tokenization of 1 billion AED worth of diamonds, “isn’t just a win for the UAE, it’s a masterclass in how the XRP Ledger handles high-value RWA at scale,” says Reece Merrick. The network is solving the trust gap by integrating Ripple Custody’s bank-grade vaulting with XRPL’s native f

CryptoNewsFlash3h ago

Ripple Mints 20 Million RLUSD on Ethereum to Bolster Stablecoin Liquidity - U.Today

Ripple has minted 20 million RLUSD stablecoins on the Ethereum blockchain, continuing recent minting and burn activities. The stablecoin is essential for cross-border payments in regions like Türkiye, where crypto adoption is rising. Ripple plans to shift to a distributed funding model for the XRP Ledger by 2026.

UToday3h 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)