HACK ALERT ⚠️

GMX has been hacked for $42M.

The attacker bridged $9.65M to Ethereum, swapping it into $DAI and $ETH.

The exploit reportedly occurred ~40 minutes ago, with losses between $35M–$40M.

Initially, the hacker bridged USDC to $ETH before converting to $DAI.

#GMX #gmx