GMX, a prominent decentralized perpetual exchange, has recently gone through a huge exploit. As per SlowMist, GMX has witnessed a staggering $42M loss in the latest exploit that has raised concerns among the community. The blockchain security platform instantly took to social media to share the news of the exploit following detecting malicious wallet activity. {tweet} The on-chain data reveals that the exploiter has drained a notable $42M from GMX in the recent exploit. This event has rattled the broader DeFi world raising eyebrows concerning the protection of the user funds. Additionally, the statistics provided by ... (full story)