IO.NET

DESCRIPTION OF EVENTS

"The Internet of GPUs is Finally Here" "The Power of Global GPU Resources with a Single Click"

"The IO Cloud allows you to deploy and manage on-demand decentralized GPU Clusters. This provides users with access to GPU resources without expensive hardware investments and infrastructure management. IO Cloud democratizes access to GPUs by providing ML Engineers & Developers the same experience as any cloud provider.

IO Cloud leverages distributed resources from a decentralized network of nodes called IO workers. Clusters provide the building blocks of IO Cloud and are fully meshed self-healing GPUs. With IO Cloud, you can leverage a decentralized network of GPUs/CPUs capable of executing Python-based ML code for your AI projects. This platform is Natively powered on the RAY distributed computing python framework used by OpenAI to train GPT3 and GP4 across 300K servers."

"IO Worker is like having a virtual rental manager for your device! It's a simple web app that lets you lend your computing power to those tackling AI tasks, making it easier for everyone to access the resources they need.

Thanks to our decentralized setup and smart resource management, you can earn more by renting out your GPU/CPU than you would with traditional cloud services. It's a win-win situation where you support others while boosting your own earnings.

With IO.NET, you're not just renting out hardware; you're part of a community that values collaboration and efficiency. Whether you're a business looking to optimize resources or an individual keen on making extra profits, IO.NET has got you covered!"

"Hello $IO Nation! We're happy to let everyone know we're feeling generous and doing a block reward tonight. Anyone is able to claim but as usual this will be for a limited time."

"@ionet discord is hacked now, channels to communicate deleted do not go for this link from announcements!"

"One of our moderator's account has been compromised. To protect everyone, we've temporarily muted the channels. We're actively working to resolve the issue and will re-open the channels shortly. Thank you for your understanding and patience."

"Ahmad Shadid, former CEO of the decentralized GPU network io.net, posted on X that the official io.net Discord has been hacked. He has informed the IO team and advised not to click on any shared links."

"I was informed the Issue is resolved but the chat channels were all deleted so it will probably take time for the team to recreate them. I’ve heard the hacker was identified and he is the same who hacked @Humanityprot discord, identity to be confirmed yet."

IO.net allows for the purchase of cheap GPU processing, and those with GPUs can sell their processing power on the open market using a Solana-based token. On August 28th, the IO.net Discord server was compromised and began posting a phishing link. Community members nearly immediately starting warning one another via Twitter, and the situation appears to have been resolved in 65 minutes. There were no reports found of users having lost funds in this case.

SlowMist Hacked - SlowMist Zone (Sep 20)
@shadid_io Twitter (Sep 24)
@shadid_io Twitter (Sep 24)
Wayback Machine (Sep 24)
https://ionet-web.com/ (Sep 24)
$IO price today, IO to USD live price, marketcap and chart | CoinMarketCap (May 17)
io.net (May 17)
docs.io.net v2 (May 17)
Get Started - IO Cloud (May 17)
Get Started - IO Worker (May 17)
Why ionet is Important?. What is ionet | by Tharkunas | Mar, 2024 | Medium (May 17)
@ionet Twitter (Sep 24)
@woleswoosh Twitter (Sep 24)
@MicroSound_ Twitter (Sep 24)
@0xkh1n Twitter (Sep 24)
@AstroG1089 Twitter (Sep 24)
@Harshku3813 Twitter (Sep 24)
@Str_DegenJ Twitter (Sep 24)
@simo___001 Twitter (Sep 24)
@Bauzz_ Twitter (Sep 24)
@Bugyman531 Twitter (Sep 24)
@pandaly520 Twitter (Sep 24)
@bats4 Twitter (Sep 24)
@De_FiSecurity Twitter (Sep 24)
@TigresaPolishCm Twitter (Sep 24)
@ericspo29 Twitter (Sep 24)
@grayfoxdefi Twitter (Sep 24)
@ate_bites Twitter (Sep 24)
@Local_sec Twitter (Sep 24)
@binenetxyz Twitter (Sep 24)
@GoPlusZH Twitter (Sep 24)
@CoinEdition Twitter (Sep 24)
@ArakumaIOnet Twitter (Sep 24)
@gear7cz Twitter (Sep 24)
@ArakumaIOnet Twitter (Sep 24)
@minerfredz Twitter (Sep 24)
@cyy7025219 Twitter (Sep 24)
@0xmashi Twitter (Sep 24)
@The_NewsCrypto Twitter (Sep 24)
@CyversAlerts Twitter (Sep 24)
@PeckShieldAlert Twitter (Sep 24)
@CertiKAlert Twitter (Sep 24)
@web3_watchdog Twitter (Sep 24)
@GoPlusSecWareX Twitter (Sep 24)

More case studies

Kylian Mbappe Twitter
Account Compromise

Orderly Network Discord
Server Compromised