Decentralized computing provider io.net has delayed the launch of its $IO token following a cyber attack last Thursday. Despite initial assurances that the incident would not disrupt their development plans, CEO Ahmad Shadid announced via Twitter that the company requires approximately two weeks to recover. The postponement underscores the potential vulnerabilities in the blockchain sector, even as it continues to innovate with public chains, algorithmic stablecoins, NFTs, and GameFi. The incident serves as a reminder of the importance of robust security measures in the rapidly evolving crypto landscape.