IoTeX bridge exploit raises debate over losses and recovery prospects as CEO offers 10% bounty
IoTeX, a blockchain project focused on Internet-of-Things devices, offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange for the voluntary return of funds within 48 hours. With this move, IoTeX is offering the $440,000 if the malicious actor…