🔐 #GMX_Hack_Update | $40 Million Returned and the Attacker Retains $5 Million! 🕵️♂️
In an unexpected move, the hacker of the GMX platform returned approximately $40.5 million in digital assets after exploiting a re-entrancy vulnerability in one of its smart contracts.
💰 The hacker kept a "white hat" bounty of $5 million and transferred 1,700 ETH via Tornado Cash, indicating an attempt to obscure the trace of the movements.
📊 Despite the incident, the GMX token saw a +16% increase over 24 hours, as the market reacted positively to the swift recovery of funds and transparency in the response.
🚀 In the broader market:
BTC hovers around the $118,000 level – close to its all-time highs.
ETH maintains strong trading above $3,000, reflecting notable resilience amid market disruptions.
> Do you think the white hat bounty was sufficient? Do these incidents undermine investor trust or enhance the transparency of decentralized protocols? 🤔
Note: This post is for informational purposes only and does not constitute financial advice.
$GMX
#GMX/USDT
In an unexpected move, the hacker of the GMX platform returned approximately $40.5 million in digital assets after exploiting a re-entrancy vulnerability in one of its smart contracts.
💰 The hacker kept a "white hat" bounty of $5 million and transferred 1,700 ETH via Tornado Cash, indicating an attempt to obscure the trace of the movements.
📊 Despite the incident, the GMX token saw a +16% increase over 24 hours, as the market reacted positively to the swift recovery of funds and transparency in the response.
🚀 In the broader market:
BTC hovers around the $118,000 level – close to its all-time highs.
ETH maintains strong trading above $3,000, reflecting notable resilience amid market disruptions.
> Do you think the white hat bounty was sufficient? Do these incidents undermine investor trust or enhance the transparency of decentralized protocols? 🤔
Note: This post is for informational purposes only and does not constitute financial advice.
$GMX
#GMX/USDT