The team disabled GMX V1 trading, as well as minting and redeeming GLP, on both Arbitrum and Avalanche "to prevent any further attack vectors and protect users from additional negative impacts," and is investigating the cause of the attack.
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Hacker drains $42 million from decentralized perpetual exchange GMX
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GMX disabled trading, minting, and redeeming of GLP on Arbitrum and Avalanche, after its V1 GLP liquidity pool got exploited, to prevent further attacks and protect users.
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