CoinWorld.net March 3 News, IoTeX has released an update on the security incident following a hacker attack suspected to be caused by a private key leak. The compensation portal is now officially live, allowing affected users to submit claims. All impacted users will receive compensation. IoTeX stated that users with affected assets totaling no more than $10,000 will be compensated in stablecoins, covering over 90% of affected users; users with affected assets exceeding $10,000 will be fully compensated in phases and may receive additional rewards. IoTeX also clarified that the compensation funds do not come from the sale of IOTX tokens but from the foundation’s treasury (Bitcoin + stablecoins). Currently, tracking and law enforcement efforts are ongoing, and all recovered stolen assets will be directly used for compensation.