Coinbase International platform displaying ZEN, UMA, GMX perpetual futures trading interface, signifying new opportunities for crypto traders.
Press Release

Coinbase International Unveils Major Expansion: ZEN, UMA, GMX Perpetual Futures Now Live

Cryptocurrency markets constantly evolve, bringing new opportunities for traders globally. Therefore, a recent announcement from Coinbase International Exchange has captured significant attention. This major development marks a pivotal moment for derivative trading enthusiasts. Specifically, Coinbase International has confirmed the listing of perpetual futures for three distinct digital assets: ZEN, UMA, and GMX. This expansion provides […]

A visual representing the GMX exploiter returning FRAX tokens to the GMX wallet, symbolizing a rare positive turn in crypto security after a hack.
Blockchain News

GMX Exploiter’s Remarkable Return: $5.49 Million FRAX Sent Back After Devastating $42M Crypto Hack

In a surprising twist that has sent ripples through the decentralized finance (DeFi) community, the notorious GMX exploiter, responsible for a staggering $42 million hack, has initiated a partial return of the stolen funds. This unexpected act of restitution, involving 5.49 million FRAX stablecoins, offers a rare glimmer of hope in the often-turbulent world of […]

Bithumb suspends GMX deposits and withdrawals due to security concerns
Blockchain News

Bithumb Halts GMX Deposits and Withdrawals: Security Concerns Spark Urgent Action

In a surprising move, South Korean cryptocurrency exchange Bithumb has temporarily suspended deposits and withdrawals for GMX tokens. This decision comes amid growing security concerns, leaving traders wondering about the implications for their assets. Here’s what you need to know. Why Did Bithumb Suspend GMX Transactions? Bithumb cited network instability and potential security risks as […]

Illustrates the successful GMX compensation payout, showing digital assets being secured and restored after a blockchain exploit.
Blockchain News

GMX Compensation: Crucial $44M Payout Finalized for GLP Holders After V1 Exploit

The decentralized finance (DeFi) sector often faces challenges. However, it also demonstrates remarkable resilience. Recently, GMX, a leading decentralized exchange, announced a significant milestone. It finalized a **GMX compensation** plan. This plan provides $44 million to **GLP holders** impacted by its V1 vulnerability. This crucial payout underscores a commitment to user security. It also reinforces […]

Illustrates a crypto whale experiencing a devastating crypto trading loss on Ethereum, highlighting the risks of decentralized derivatives.
Ethereum News

Crypto Whale’s Devastating Loss: $29 Million Gains Vanish in Ethereum Trading

The cryptocurrency market often sees incredible gains and equally dramatic losses. Recently, a significant event highlighted the inherent volatility and risks of high-stakes trading. A prominent crypto whale, known on X as @qwatio, experienced a devastating crypto trading loss. This trader saw an initial $3 million investment swell to a staggering $29 million over six […]

A digital illustration of a GMX hacker converting stolen crypto to ETH, symbolizing the rejection of the white-hat bounty.
Ethereum News

GMX Hacker’s Alarming ETH Conversion: Millions in Stolen Crypto Snub White-Hat Bounty

The world of decentralized finance (DeFi) is no stranger to dramatic twists, but recent developments surrounding the GMX hacker have sent ripples of concern across the crypto community. In a move that underscores the persistent challenges of asset recovery and the audacity of cybercriminals, the perpetrator behind the GMX V1 pool incident has reportedly converted […]