Hold onto your hats, crypto enthusiasts! The decentralized finance (DeFi) space just witnessed a dramatic event that sent ripples through the market. A colossal Bitcoin liquidation on GMX v1, a popular decentralized derivatives exchange, triggered a staggering $13 million in fees. This isn’t just another day in crypto; it’s a stark reminder of the volatile […]
In the fast-paced world of decentralized finance (DeFi), security is paramount. Recent news of a $13 million exploit targeting a smart contract linked to both GMX, a decentralized derivatives exchange, and Abracadabra, the platform behind the MIM stablecoin, sent ripples through the crypto community. The burning question on everyone’s mind: Was GMX itself compromised? Let’s […]
In a shocking turn of events for the decentralized finance (DeFi) space, smart contracts associated with popular platforms GMX and Abracadabra have been targeted in a significant exploit. Blockchain security firm PeckShield sounded the alarm on X, reporting a loss of approximately 6,260 ETH, translating to a staggering $13 million. This urgent news has sent […]
Hold onto your hats, crypto enthusiasts! The decentralized finance (DeFi) space is buzzing with the latest power move from a high-profile crypto whale. This isn’t just any trader; we’re talking about the same whale who recently made headlines for pocketing a cool $15 million on Hyperliquid using a staggering 50x leverage. Now, this market mover […]
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