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    Crypto Exchange GMX entwässert von Bitcoin, Ethereum in 40 Millionen US -Dollar Exploit
    Kryptowährungen

    Crypto Exchange GMX entwässert von Bitcoin, Ethereum in 40 Millionen US -Dollar Exploit

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    2. coinfeeds-bot on

      tldr; GMX, a decentralized crypto exchange, suffered a $40 million exploit targeting its V1 platform on Arbitrum and Avalanche. The attack drained funds including Bitcoin, Ethereum, and stablecoins from its GLP liquidity pool, exploiting a re-entrancy vulnerability in GLP token minting. GMX disabled V1 trading and GLP minting, and offered a $4 million bounty to the attacker for returning the funds. The incident highlights security risks in decentralized finance platforms.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    3. Swerve99 on

      was my favorite DEX for the last couple years. Holding GLP during the last bear was a godsend. Sucks this happened. If a hack is always looking over head then what level of yield is worth it?

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