tldr; A hacker who stole $42 million from GMX, a decentralized crypto exchange, has returned the funds in exchange for a $5 million bounty. GMX confirmed the funds are now secured in its Security Multisig, and contributors are working on a distribution plan for the GMX DAO. The exploit was identified as a re-entrancy attack targeting GMXV1, while GMXV2 and other assets remained unaffected. News of the returned funds boosted GMX’s token value by 18.4%, trading at $13.36.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
JodiS1111 on
Spy vs Spy
Aggregationsfunktion on
Nice one!
Specialist-Front-007 on
Very smart
chanmalichanheyhey on
I am just thinking how is he going to collect the bounty? Even if through an escrow, Surely he can be identified and traced even if gmx doesn’t pursue it?
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tldr; A hacker who stole $42 million from GMX, a decentralized crypto exchange, has returned the funds in exchange for a $5 million bounty. GMX confirmed the funds are now secured in its Security Multisig, and contributors are working on a distribution plan for the GMX DAO. The exploit was identified as a re-entrancy attack targeting GMXV1, while GMXV2 and other assets remained unaffected. News of the returned funds boosted GMX’s token value by 18.4%, trading at $13.36.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Spy vs Spy
Nice one!
Very smart
I am just thinking how is he going to collect the bounty? Even if through an escrow, Surely he can be identified and traced even if gmx doesn’t pursue it?