The GMX hacker leaves an on-chain message stating that the funds will be returned
Foresight News reports that the GMX hacker has left a message on-chain stating that the funds will be returned. "ok, funds will be returned later."
According to previous Foresight News coverage, GMX disclosed the cause and subsequent measures regarding the approximately $40 million attack on GMX V1 on the Arbitrum chain on July 9. After analysis by the security team, it was determined that the attack stemmed from a reentrancy vulnerability in the OrderBook contract. The hacker exploited this vulnerability to manipulate the average price of BTC short positions, significantly driving up the price of GLP and profiting from the arbitrage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia is negotiating to invest hundreds of millions of dollars in Firmus
It is reported that EQT has proposed to acquire Qiagen (QGEN.US) for over $50 per share, and KKR is also participating in the bid.
EQT AB is engaged in advanced negotiations to acquire the European molecular diagnostics company Qiagen (QGEN.US), and has submitted a binding offer at over $50 per share.
JPMorgan Asset Management includes bitcoin in long-term assumptions for the first time: 10-year annualized return expected at 10%, but 55% volatility remains a concern
JPMorgan Asset Management has included Bitcoin in its long-term capital market assumptions for the first time, forecasting that its returns over the next decade may outperform stocks, bonds, and gold. This is regarded as a milestone for Bitcoin's acceptance on Wall Street.
Crypto prices
More
