In a 14 February update, IOTA explicitly noted that some funds had stolen: It seems that it still unknown how much money lost due to the attack. The company is still finalizing its remediation plan. Read More: Crypto Exchange FCoin Goes Bankrupt? The Losses in the Hack Remain UndeterminedĪccording to the information, the IOTA has not yet calculated the sum of the losses caused by the hacking. “By migrating your tokens to new safe seeds before restarting the coordinator, you will make the attacker unable to make unauthorized transfers of your tokens.” This action will be another essential measure to protect users’ funds. The foundation said the IOTA would release the seed migration tool in the coming days. The IOTA Foundation will only restart the coordinator after users have migrated their tokens to save seeds.
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