← IoTeX1 decision on this page
Audit log
Every state-changing event for IoTeX: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.
- #1publishby system:backfill2026-05-26 19:24:53ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 422,347,016
- sig
5cvHsB6o745r…ip9EtDdiexplorer ↗- hash
5abydgPEks6N…nwWt7oAZsha256 → base58
verifying row…full verify ↗canonical bytes (7859 B) ▸
{"actor":"system:backfill","investigation_id":"55a3ce19-1d42-4f07-9077-8501df795f5d","kind":"publish","page_slug":"iotex","published_at":"2026-05-26T19:24:53.829Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"IoTeX","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/business/2026/02/23/iotex-bridge-exploit-sparks-debate-over-losses-and-recovery-prospects","type":"other","url":""},{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-iotex-hack-february-2026","type":"other","url":""},{"credibility":3,"name":"https://www.cryptotimes.io/2026/02/22/iotex-confirms-4-3m-iotube-bridge-breach-validator-key-compromised","type":"other","url":""},{"credibility":3,"name":"https://phemex.com/blogs/iotex-bridge-hack-cross-chain-risk-negotiations","type":"other","url":""},{"credibility":3,"name":"https://coinpedia.org/news/iotex-suffers-8-million-hack-after-private-key-compromise/","type":"other","url":""},{"credibility":3,"name":"https://cryptonews.net/news/security/32489084/","type":"other","url":""},{"credibility":3,"name":"https://www.mexc.com/news/810924","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://phemex.com/blogs/iotex-bridge-hack-cross-chain-risk-negotiations","type":"other","url":""},{"credibility":3,"name":"https://www.cryptotimes.io/2026/02/22/iotex-confirms-4-3m-iotube-bridge-breach-validator-key-compromised","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://bitcoinworld.co.in/upbit-bithumb-iotx-delisting-watchlist/","type":"other","url":""},{"credibility":3,"name":"https://www.mexc.com/news/766504","type":"other","url":""},{"credibility":3,"name":"https://phemex.com/news/article/upbit-suspends-iotex-trading-after-2-million-private-key-breach-62049","type":"other","url":""},{"credibility":3,"name":"https://en.bloomingbit.io/feed/news/108507","type":"other","url":""},{"credibility":3,"name":"https://en.bloomingbit.io/feed/news/108508","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://crypto.news/iotex-token-buybacks-liquidity-boost-iotx-price-2025/","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/news/feed/c881b-iotex-token-buybacks-binance-price-glitch","type":"other","url":""},{"credibility":3,"name":"https://www.cryptopolitan.com/iotex-token-buybacks-binance-price-glitch/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.iotex.io/depin-infra-modules-dim/iotex-l1-depin-blockchain/core-concepts/consensus-mechanism","type":"other","url":""},{"credibility":3,"name":"https://ownyourmind.ai/projects/iotex/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://ownyourmind.ai/projects/iotex/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cryptorank.io/ico/iotex","type":"other","url":""},{"credibility":3,"name":"https://icoanalytics.org/projects/iotex/","type":"other","url":""},{"credibility":3,"name":"https://www.sec.gov/newsroom/speeches-statements/peirce-092925-deep-statement-doublezero-no-action-letter","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/news-analysis/2025/09/30/sec-s-bow-to-doublezero-carries-major-weight-for-decentralized-infrastructure-peirce","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-iotex-hack-february-2026","type":"other","url":""},{"credibility":3,"name":"https://hub.iotex.io/governance/iip-55-dynamic-witness-committee-for-iotube","type":"other","url":""},{"credibility":3,"name":"https://www.kucoin.com/news/articles/iotex-security-incident-update-recovery-path-and-compensation-timeline-for-affected-users","type":"other","url":""}]}],"sources_used":[],"summary":"IoTeX is a Layer 1 blockchain and DePIN (Decentralized Physical Infrastructure Network) platform founded in 2017 by Raullen Chai, Qevan Guo, Jing Sun, and Xinxin Fan, with its native IOTX token launched via ICO in 2018. In February 2026 the project suffered a significant security incident when a compromised private key on the Ethereum side of its ioTube cross-chain bridge allowed an attacker to drain approximately $4.3–$4.4 million in assets and mint 410 million unauthorized CIOTX tokens, with total estimated damages disputed between $4.4 million (official) and $8.8 million (PeckShield). Additional concerns include a prior market-maker-linked near-zero price anomaly on Binance in October 2025, governance centralization risks from its 36-delegate Roll-DPoS consensus model, and on-chain analyst reports alleging the attacker's wallet was funded by the same entity behind the $49 million Infini Finance hack of 2025.","timeline":[{"date":"2017-01-01","event":"IoTeX founded by Raullen Chai, Qevan Guo, Jing Sun, and Xinxin Fan with a focus on IoT blockchain infrastructure.","source":""},{"date":"2018-05-25","event":"IoTeX Token Generation Event (TGE) concludes; project raises approximately $70.52 million across five funding rounds.","source":""},{"date":"2025-02-01","event":"Infini Finance suffers $49 million exploit; on-chain analysts later allege the IoTeX attacker's funding wallet traces back to this incident.","source":""},{"date":"2025-09-29","event":"SEC Division of Corporation Finance issues no-action letter for DoubleZero's 2Z DePIN token, which IoTeX cites as validating its DePIN infrastructure strategy.","source":""},{"date":"2025-10-10","event":"IOTX displays near-zero '0.0000' price on Binance; subsequently attributed to a UI display bug and third-party market maker malfunction. IoTeX announces token buyback program.","source":""},{"date":"2026-02-20","event":"IoTeX ioTube bridge exploit begins: a compromised validator owner private key on Ethereum grants attacker administrative control over bridge contracts.","source":""},{"date":"2026-02-21","event":"On-chain analyst Specter publicly flags the IoTeX private key compromise at approximately 4:20 a.m. EST. Approximately $4.3 million in tokens drained from TokenSafe; up to 410 million CIOTX tokens minted without authorization. IOTX price falls ~22%.","source":""},{"date":"2026-02-21","event":"IoTeX validators coordinate to pause ioTube bridge; IoTeX halts its Layer 1 chain to freeze attacker addresses.","source":""},{"date":"2026-02-22","event":"IoTeX co-founder Raullen Chai publicly confirms the exploit, stating officially acknowledged losses of approximately $2 million (later revised to $4.4 million). A 10% white-hat bounty (~$440,000) offered for return of funds within 48 hours.","source":""},{"date":"2026-02-22","event":"Upbit, Bithumb, and Coinone suspend IOTX deposits and withdrawals; place token on investor protection watchlists.","source":""},{"date":"2026-02-23","event":"PeckShield estimates total damages above $8 million including value of minted tokens. IoTeX disputes figure, citing $4.4 million as confirmed loss.","source":""},{"date":"2026-03-01","event":"IoTeX publishes IIP-56 proposing full deprecation of CIOTX across all networks and a claims-based 1:1 redemption process for affected holders.","source":""},{"date":"2026-03-12","event":"IIP-56 governance proposal vote concludes.","source":""},{"date":"2026-03-15","event":"Upbit and Bithumb remove IOTX from investor protection watchlists following IoTeX security remediation and audit completion.","source":""},{"date":"2026-03-20","event":"Binance reopens IOTX trading; token briefly recovers approximately 29%.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision 6b76cfb5-f1dd-40e5-8c78-500d33201dc6
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine —
python -m src.verify_decision <event_id>.