IoTeX claimed that losses are contained and remain small, while onchain analysts report roughly $4.3 million in tokens moved and swapped across chains.
A private key compromise drained millions from IoTeX’s ioTube bridge, with analysts disputing total losses and warning recovery via THORChain may prove difficult.
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Imagine a world where your solar panel, GPS tracker, or flight monitor earns passive income 24/7 — feeding valuable data to AI giants and global businesses. That’s the world IoTeX is building.