CoinJournal
GMX price fell 20% after the decentralised perpetuals exchange suffered a $40 million exploit on its V1 platform. Investor panic and concerns over repeated security incidents put bulls under pressure near $11.45. GMX’s response to stabilise confidence and mitigate further losses will be key. GMX, an on-chain perpetual and spot exchange…
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GMX price dives 20% after $40 million hack
GMX price fell 20% after the decentralised perpetuals exchange suffered a $40 million exploit on its V1 platform. Investor panic and concerns over repeated security incidents put bulls under pressure near $11.45. GMX’s response to stabilise confidence and mitigate further losses will be key. GMX, an on-chain perpetual and spot exchange…