⚠️🏴‍☠️ #GMX are hacked at $40 million. debank

GMX is one of the largest decentralized projects on Arbitrum (#ARB).

🏴‍☠️ #GMX offers hackers a 10% reward for recovering stolen funds.

🏴‍☠️ #GMX Hacker GMX returned 5.49 million #FRAX GMX.

🏴‍☠️ #GMX GMX: After paying the user a $5 million reward, the remaining funds are now safely stored in a multi-signature GMX Security wallet.

🎢 #GMX BWEnews: A trader error on the Binance spot market caused GMX to rise 100% in a short period of time.

Notably, minutes before the large purchases on Binance, someone was actively purchasing a token on Hyperliquid.

🙋‍♂️ #GMX GMX DAO has implemented a strategy aimed at combating excess supply on CEX and increasing price transparency. This is being achieved by redirecting staking rewards to the Treasury and consolidating liquidity in the GMX infrastructure.

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