On July 9, on-chain perpetual and spot exchange GMX confirmed that its V1 GLP pool on Arbitrum had been exploited, with over $40 million worth of assorted tokens siphoned into an unknown wallet in a single transaction.
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Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight
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GMX confirmed that its V1 GLP pool on Arbitrum has been exploited, which led to a loss of over $40 million in assorted tokens.
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GMX is a decentralized perpetual and spot exchange platform that initially launched on Arbitrum One.
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