Decentralized exchange GMX suffers $565K price manipulation ‘exploit’
A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRP Whales Dominate Exchange Outflows as Bitcoin Shorts Rise on Hyperliquid
The contrasting flows highlight a market where some large investors are moving XRP away from exchanges even as leveraged traders p...
Glassnode co-founder counts 6.26 million BTC with exposed public keys
Rising exposure of Bitcoin public keys heightens security concerns, especially with quantum computing threats, urging exchanges to...
Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows
Citi's $113,000 Bitcoin target would require a roughly 36% rise from the Oct. 7 reference price, keeping it below its previous rec...
Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens
Bitcoin’s US-session weakness is deepening as BTC prices on Coinbase trade at a $64 discount to Binance, the largest global crypto...
Glamsterdam Upgrade: Sepolia Blocks Leave Most of Ethereum’s New Gas Capacity Unused
Ethereum’s Glamsterdam upgrade has raised Sepolia’s block-gas limit from about 60 million to nearly 200 million, giving developers...
Decrypt and Myriad announce self-custodial Information Exchange on Solana
The integration of self-custodial finance with media could reshape user engagement, but raises concerns about editorial independen...