Vectis Finance is actively monitoring the IoTeX incident involving suspicious activities related to an IoTeX token safe, ensuring that its core contracts and vault operations remain unaffected. While IoTeX has confirmed it is working diligently with major exchanges and security partners to trace and freeze the hacker’s assets, initial estimates suggest that potential losses are significantly lower than what has been rumored. Vectis has implemented enhanced monitoring and alerts to safeguard its operations during this situation, emphasizing that security is its top priority.
IoTeX investigates suspicious activity on token safe, assures security measures are in place
