IoTeX released proposal IIP-56: Abandon CIOTX across the network, switch the attacked chain to claim and exchange for IOTX

By: www.chaincatcher.com|03/21/2026 16:44:49

According to market news, due to the attack on the ioTube cross-chain bridge and the unauthorized minting of CIOTX on the Ethereum side, IoTeX plans to immediately discontinue CIOTX on Ethereum/Base/Solana and permanently close the related bridge, with the minted coins by the attacker not being recognized; compliant holders need to submit the transfer hash through the claims portal, and after verification, IOTX will be issued on the IoTeX chain at a 1:1 ratio.

BSC/Polygon/IoTeX were not affected by the minting, and the bridge will be reopened for users to migrate back to IOTX after an audit, and then permanently taken offline; notifications will be sent to CEX/DEX/DeFi for the complete delisting or removal of CIOTX integration.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

IoTeX Foundation: Cross-chain bridge security incident compensation application channel officially launched

Analysts say that the IoTeX private key may have been leaked, resulting in asset losses of approximately 4.3 million dollars; IoTeX officials reported on-chain attack losses of about 2 million dollars.

Since 2026, there have been at least 15 security attack incidents in the DeFi sector, with total losses exceeding 137 million dollars

According to crypto analyst Cipher (@CipherResearchx), there have been at least 15 security attack incidents in the decentralized finance (DeFi) sector, with total losses exceeding $137 million.The loss amounts for each incident are as follows: Step Finance lost approximately $27.3 million, Truebit ...

IoTeX proposes a 100% user compensation plan for the ioTube hacking incident: immediate compensation for users with amounts of $10,000 or less

The IoTeX Foundation has announced the latest tracking and full compensation plan regarding the ioTube cross-chain bridge security incident. The team stated that they have completed a full-chain tracking of the stolen funds, with most CIOTX already frozen on-chain, and the remaining assets mainly co...

MedCred: a clandestine publication claims exposure of data from 274,534 users

A publication attributed to an actor named "replaceboundless" claims that a MedCred file contains data from 274,534 users, but the authenticity, origin, and scope of the alleged leak have not been independently verified.

Citrini Research Points Out That the 'Wall' Between Traditional Finance and Cryptocurrency Is Beginning to Crumble

President Trump unveils $215M quantum computing plan amid crypto fears

...
iconiconiconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com