GMX V1 Halted After $40M Exploit: Crypto Security Alert

GMX V1 Halted After $40M Exploit: Crypto Security Alert

The recent $40 million exploit targeting the GMX V1 decentralized perpetual exchange marks another critical cybersecurity breach within the 2025 crypto landscape. Authorities promptly suspended all trading and token minting on GMX V1 after a vulnerability in its liquidity pool was exploited on Wednesday, with stolen assets transferred to an unidentified wallet. GMX V1, the inaugural iteration of the GMX perpetual exchange hosted on Arbitrum, ...

GMX V1 Halted After $40M Exploit: Crypto Security Alert

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