tldr; GMX, a decentralized finance platform, was hacked in a cross-chain exploit resulting in a loss of $42 million. The hacker reportedly laundered the stolen funds through CrowSwap. This incident highlights vulnerabilities in cross-chain operations within the crypto ecosystem.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
GlitterPeachxoxo on
The token has crashed 20% after that..
GeniusGiselle990 on
insanity.. I hope it wont affect the protocol since its V1 that was exploited. GMX could be the HL of today
AlabamaHotPocketses on
First time I’m being affected by a hack, lost about 100 bucks on this one lol.
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tldr; GMX, a decentralized finance platform, was hacked in a cross-chain exploit resulting in a loss of $42 million. The hacker reportedly laundered the stolen funds through CrowSwap. This incident highlights vulnerabilities in cross-chain operations within the crypto ecosystem.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The token has crashed 20% after that..
insanity.. I hope it wont affect the protocol since its V1 that was exploited. GMX could be the HL of today
First time I’m being affected by a hack, lost about 100 bucks on this one lol.