09 Jul 202517:00
Project update

Onchain perpetual exchange GMX exploited for $42 million
GMX has suffered a $42 million exploit, with $9.6 million already bridged from Arbitrum to Ethereum, while $32 million remains on Arbitrum.
The stolen assets include over $10 million in legacy Frax Dollar, $9.6 million in wrapped BTC (wBTC), and $5 million in DAI.
GMX is offering the attacker a 10% bounty for the return of the stolen funds.
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