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  "path": "/single/iotex-bridge-exploit",
  "publishedAt": "2026-02-23T17:22:50.784Z",
  "site": "https://web3isgoinggreat.com",
  "textContent": "IoTeX, a platform to connect IoT devices to blockchain networks, lost around $2 million after a private key compromise enabled an attacker to drain funds from the project's token safe. Initial loss estimates were as high as $8.8 million, although IoTeX CEO Raullen Chai stated that the actual loss was closer to $2 million.Blockchain security researcher Specter has suggested there may be links between this attack and a $50 million theft from the Infini \"stablecoin neobank\" a year ago. \"IoTeX hit by private key exploit draining around $2 million from bridge contracts, per co-founder\" , The Block",
  "title": "IoTeX bridge exploited for $2 million after private key compromise",
  "updatedAt": "2026-02-23T17:42:10.414Z"
}