A high-stakes crypto trader was wiped out on HyperLiquid before immediately piling back into massive leveraged shorts on GMX — echoing past blow-ups from reckless market punters.
This week in crypto, GMX suffered a $42 million exploit, while President Trump’s Truth Social announced a utility token, and South Korea moved to officially support crypto firms as venture companies. Let’s find out more.
The GMX hack, which drained $42 million, has seen 90% of the stolen assets returned, boosting the token's value. However, the lack of clarity on the attack's details leaves lingering concerns about security.
The post GMX Hackers Return 90% of the...
According to Lookonchain, the GMX hacker has initiated the return of $42 million in stolen crypto for a $5 million white-hat bounty. They already returned approximately $10.49 million in FRAX, with a commitment to return the rest in exchange for...
A hacker exploited GMX for $40 million but returned half after accepting a white hat bounty.
The post Hacker Reimburses Funds From $40M GMX Hack appeared first on Coinspeaker.
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