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GMX: GLP Liquidity Pool on GMX V1 on Arbitrum Targeted in Exploit Attack, GMX V2 Unaffected

Summary: According to reports, GMX announced on their Telegram channel that the GLP pool on GMX V1 on the Arbitrum platform has been targeted in an exploit attack, with approximately $40 million worth of tokens transferred from the GLP pool to an unknown wallet. Security partners are currently investigating the attack. Currently, trading of GMX V1 ...

According to reports, GMX announced on their Telegram channel that the GLP pool on GMX V1 on the Arbitrum platform has been targeted in an exploit attack, with approximately $40 million worth of tokens transferred from the GLP pool to an unknown wallet. Security partners are currently investigating the attack.

Currently, trading of GMX V1 and minting/exchange of GLP has been disabled on the Arbitrum and Avalanche platforms to prevent further attacks. However, this exploit will not impact GMX V2 or the GMX token itself.

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Link: GMX: GLP Liquidity Pool on GMX V1 on Arbitrum Targeted in Exploit Attack, GMX V2 Unaffected   [Copy]
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