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21,770 coins launched on Bonk (192 graduated, 0.88%).8,209 on PumpFun (69 graduated, 0.84%).
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🔥NEW: Taker buy volume spiked to $659.8M in a single 1-minute candle
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The root cause of this attack stems from #GMX v1's design flaw where short position operations immediately update the global short average prices (globalShortAveragePrices), which directly impacts the calculation of Assets Under Management (AUM), thereby allowing manipulation of GLP token pricing. The attacker exploited this design vulnerability by leveraging the Keeper's ability to enable `timelock.enableLeverage` during order execution (a prerequisite for creating large short positions). Through a reentrancy attack, they successfully established massive short positions to manipulate the global average prices, artificially inflating GLP prices within a single transaction and profiting through redemption operations.
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$BTC HITS NEW ALL-TIME HIGH OF $112,000
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US Senator Elizabeth Warren: “Donald Trump holds $7 billion in crypto, has launched his own stablecoin and memecoin, and owns a mining company.” Eric Trump: “FYI, the president does not own a mining company.”
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NEW: Exchange GMX is offering the hacker a 10% bounty for the return of stolen funds #GMX
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