The decentralized exchange (DEX) GMX has likely been subjected to a massive hack of $42 million
According to DeBank, a total of $42 million was transferred from addresses associated with GMX Vault. Almost all the funds went to a single wallet. Some of them were transferred from Arbitrum to Ethereum.
Cybersecurity specialists from PeckShield also reported on the possible hack. At the time of writing, GMX representatives had not made any public statements. We are monitoring how events unfold.