A $13 million hack targets Abracadabra.Money’s smart contracts, exploiting GMX V2 pools. Over 6,260 ETH stolen, highlighting security risks in DeFi platforms.
GMX
GMX on the Rise: $90 Target – Will It Break the $59 Barrier Soon?
GMX has emerged as a subject of keen interest for investors and analysts alike. Over the past week, GMX’s price has experienced notable fluctuations, leaving traders eagerly anticipating potential developments. As of last week, the coin has marked a 6.32% change in the past seven days. The coin’s current price stands at $54.69, accompanied by […]
GMX: XRP, SOL, DOGE Yields Spike To 75%
Popular decentralized exchange GMX recorded a spike in annualized yields on popular major tokens, reaching staggering heights of up to 75%. This remarkable increase in yields came into effect following the activation of Arbitrum incentives on the platform earlier this week. The platform, renowned for enabling users to trade spot and perpetual futures for major […]
GMX DEX loses $565K in a recent exploit
GMX, a decentralized exchange, fell victim to a recent exploit. According to reports, a price manipulation attack on the decentralized exchange (DEX) GMX allowed an exploiter to steal $565,000 from the Avalanche (AVAX)/USD market. The attack, which affected GLP token holders who contributed liquidity to GMX in the form of AVAX (the Avalanche token), is […]