Tag: decentralized exchange
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GMX Hacked: $40M Stolen in Major DeFi Cyber Heist
On the morning of July 9, the decentralized exchange GMX fell victim to a major cyber heist. An unidentified attacker siphoned off over $40 million worth of cryptocurrency from the platform. According to GMX representatives, the breach was the result of a vulnerability in the system. Trading was promptly suspended following the discovery of the…