GMX Crashes 25% After $42 Million DeFi Hack

GMX suffered a major hack today, as a wallet drained roughly $42 million from its GLP liquidity provider. It’s unclear how this happened, but the team offered the attackers a 10% bounty if they returned 90% of the funds. Hackers have already bridged around $9. 6 million from Arbitrum to Ethereum using Circle’s CCTP, leading to controversy source: https://beincrypto.com/gmx-hack-defi-token-crash/