GMXExploit

A GMX attacker transferred 2000 ETH (worth $5.3 million) to a new Arbitrum address and swapped 9 million USDC for 9 million DAI on Ethereum. The attacker exploited GMX V1, draining $42 million, and GMX has paused trading and offered a 10% bounty for returning the stolen funds.

#GMXExploit #CryptoHack #BlockchainSecurity #DeFiAttack #Arbitrum