Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight

Despite layers of scrutiny, GMX’s V1 GLP pool was hacked for over $40 million in a brazen exploit. With leverage functions now frozen, traders are left wondering: How did audited contracts crack? And what does this mean for DeFi’s perpetual…

Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight
Despite layers of scrutiny, GMX’s V1 GLP pool was hacked for over $40 million in a brazen exploit. With leverage functions now frozen, traders are left wondering: How did audited contracts crack? And what does this mean for DeFi’s perpetual…