According to the latest reports, Binance-listed altcoin GMX may have been hacked for approximately $40 million and an investigation into the incident is ongoing.
According to Wu Blockchain, citing DeBank data, GMX experienced a large anomalous outflow suspected of being hacked, with more than $42 million going to the address “0xdf3340a436c27655ba62f8281565c9925c3a5221.” The funds are being transferred from Arbitrum to Ethereum.
The news will be updated as details become available.
Following the news, the GMX price dropped sharply in a short time.
*This is not investment advice.
