For a long time Defi We did not witness hack cases and we saw a new example today. Due to the suspicious on-Chain mobility experts made the claim that the GMX platform was hacked. GMX Coin Price BTC continues to find buyers at 109.548 dollars.
GMX Coin Hacked
The claim put forward by BWE GMX $ 40 million from the protocol. The spread of the news rapidly caused the GMX Coin price to decrease by 20 %. The price of $ 14.5 has fallen below $ 12 and the article is at 12.5 dollars at the time of preparation. If sales persist, losses can last up to $ 9.7, which is the support point tested in the tariff decline in April.
The GMX team has not yet shared an announcement and the stolen assets are transformed into DAI about 40 minutes ago. The latest sharing of the GMX official account 15 minutes before the hacking incident contains figures showing the performance of the protocol.
Perp Platform that stamped 2021 Defi He had a serious Hype because he had little alternative in his field. Now we will see what this hack’s consequences are. It is unclear whether the 7 -day Fee income will start a compensation program for a $ 40 million loss. To date, the GMX has earned $ 435 million Fee revenue and the total locked value in the protocol is $ 444 million.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
