IoTeX pledges 100% user compensation after $4.4M bridge hack; mainnet restored Feb 24

IoTeX committed to fully compensate users affected by the February 21 ioTube bridge exploit that drained $4.4 million, with payouts funded from treasury regardless of asset recovery. Mainnet operations resumed on February 24 following security upgrades, and a tiered claims process starts Friday, February 27. The patch blacklisted 29 attacker addresses and froze about 45 million IOTX.