The blockchain security company, Peckshield said that bad players have stolen tens of millions of dollars in the exchange of decentralized GMX (GMX) perpetual.
Published on the social media platform X, Peckshield said that a pirate has exploited the exchange of crypto up to $ 42 million, sending $ 9 million from the Funds stolen from the Ethereum (ETH) Network (ETH) from Arbitrum (ARB).
“GMX was used for around $ 42 million. The operator bordered about $ 9.6 million in cryptos for Ethereum. ”
GMX confirmed the hack on its own X account, saying that its liquidity pool based on arbitrum was drained by $ 40 million, which was immediately sent to an unknown portfolio.
“The GMX V1 GLP Pool on Arbitrum experienced a feat. About 40 million dollars in tokens were transferred from the GLP swimming pool to an unknown wallet…
The trading on GMX V1, and the strike and the takeover of GLP, were disabled both on arbitrum and avalanche to prevent any other attack vector and protect users against additional negative impacts. »»
GMX says that the case is still under investigation, but that the impact of the hack was limited to GMX V1. GMX V2, its markets and its liquidity pools, as well as the GMX token itself, would be without compromise.
The price of GMX fell from its weekly summit of $ 14.44 earlier in the day to $ 10.77 at the time of writing, a drop of more than 22% in the last 24 hours.
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