The IoTeX network has successfully resumed operations following a security breach involving its ioTube cross-chain bridge. The team has managed to intercept or permanently freeze 99.5% of the illegally minted tokens, limiting actual losses to approximately $4.4 million. Mainnet assets remain secure, and the IoTeX Foundation has pledged full reimbursement for affected users, with detailed plans to be released within 24 hours. In response to the incident, the IoTeX team has frozen a hacker's wallet containing 66.78 BTC and is working with the FBI and international law enforcement to monitor and prevent money laundering. The network has permanently banned 29 malicious addresses and is advancing IIP-55 to enhance ioTube's governance architecture. IoTeX is collaborating with over 20 exchanges and Korea's DAXA to restore normal trading operations.