PANews reported on February 27th that, according to an IoTeX announcement, due to an attack on the ioTube cross-chain bridge on February 20th and the unauthorizedPANews reported on February 27th that, according to an IoTeX announcement, due to an attack on the ioTube cross-chain bridge on February 20th and the unauthorized
IoTeX releases proposal IIP-56: Completely abandon CIOTX across the network; attacked chains should switch to claims to regain IOTX.
PANews reported on February 27th that, according to an IoTeX announcement, due to an attack on the ioTube cross-chain bridge on February 20th and the unauthorized issuance of CIOTX on the Ethereum side, IoTeX plans to immediately deprecate CIOTX on Ethereum/Base/Solana and permanently close the relevant bridges. The attacker's minting will not be recognized. Eligible holders must submit their transaction hashes through the claims portal; after verification, IOTX will be issued on the IoTeX chain at a 1:1 ratio. BSC/Polygon/IoTeX are unaffected by the issuance and will reopen the bridges after auditing for users to migrate back to IOTX independently, before permanently delisting them. IoTeX will also notify CEX/DEX/DeFi to completely delist or remove CIOTX integrations.
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