"GMX hacker bridges $9.6 million worth of stolen virtual assets"

Source
Son Min

Summary

  • It was reported that a hack involving $42 million is suspected to have occurred at the decentralized perpetual exchange protocol GMX.
  • It was confirmed that the hacker bridged about $9.6 million worth of stolen assets to Ethereum.
  • The GMX team stated they left a message offering the hacker a 10% whitehat bounty.

It is suspected that a $42 million hack has occurred at the decentralized perpetual exchange protocol GMX, and it has been revealed that the hacker bridged some of the stolen virtual assets (cryptocurrencies) to Ethereum.

On the 9th (local time), PeckShield announced via X (formerly Twitter) that "the GMX hacker has currently bridged about $9.6 million worth of stolen assets to Ethereum."

At present, the GMX team has left a message offering the hacker a 10% whitehat bounty. A whitehat bounty is a reward paid to hackers who have discovered security vulnerabilities.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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