Techub News reports that GMX stated on its TG channel that the GLP pool of GMX V1 on the Arbitrum platform has encountered a vulnerability attack, with approximately 40 million dollars worth of tokens transferred from the GLP pool to an unknown wallet. Security partners are involved in investigating this attack. Currently, trading of GMX V1 and the minting and redemption functions of GLP have been disabled on both the Arbitrum and Avalanche platforms to prevent any further attacks, but this vulnerability will not affect GMX V2, nor will it impact the GM token itself.





In addition, GMX tweeted that all V1 forks have vulnerabilities in the GLP pool and recommended that related protocols disable leverage and GLP minting.
GMX0.45%
ARB2.69%
AVAX4.51%
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