In the world of decentralized finance, events can unfold rapidly. The recent GMX hack brought challenges, but a significant development suggests positive steps are being taken. On-chain data reveals that the popular decentralized exchange GMX has made a substantial move, selling a large amount of Ethereum recovered after the security incident. The GMX Recovery: Funds […]
In a development that has sent ripples through the decentralized finance (DeFi) community, the individual responsible for a recent exploit on the GMX protocol has reportedly communicated a surprising intention. An onchain message, traced back to the address associated with the unauthorized withdrawal of funds, suggests that the stolen funds may eventually be returned. This […]
In a significant development impacting the crypto market, South Korean crypto exchange Bithumb has issued an alert regarding the GMX crypto asset. This move is critical Bithumb GMX news that traders and investors need to be aware of immediately. Why is Bithumb GMX Under Scrutiny? Bithumb announced on its official website that GMX has been […]
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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