Cryptocurrency

GMX Whale address loses $3.4M in hack, GMX falls 3%

A GMX whale wallet was hacked with $3.4 million in decentralized exchange (DEX) tokens and sold through the open market. bLockchain security company Peckshield report.

After the incident, the price of MX fell by more than 3% to $41.09the CryptoSlate data was displayed.

An administrator of GMX’s official Telegram group Xhiroz confirmed the incident.Syros I have written:

“Unfortunately, the GMX Whale wallet was hacked and about $4 million was sold on the market.”

Another admin in group Tano Said The team was in contact with the hack victims.

According to blockchain analytics firm Certik, the stolen GMX was exchanged For Ethereum (ETH).As of press time, the funds have been placed at an address held by Etherscan tagged Caught in a phishing attack.

Post-GMX Whale Address Loses $3.4 Million In Hack, GMX Drops 3%, First Appears On CryptoSlate

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