09 Jul 202517:00
Project update
Onchain perpetual exchange GMX exploited for $42 million

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.



👉 x.com/GMX_IO/status/1942958365862236300

Source