According to The Block, nearly a month after the wallet theft closed, the decentralized IoT project IOTA announced a formal restart. IOTA has now transferred funds from existing accounts to new accounts for users, and restored the transaction confirmation system on the 10th, while providing users with a new tool to help users transition to new secure accounts. The transition is now complete and the focal point is back online. So far, the team is working with the FBI and police in the UK, Germany and Malta to identify and track attackers. The IOTA wallet theft occurred on February 12, and some users' funds in the Trinity wallet were stolen, resulting in approximately $ 2.2 million in losses.