GMX hackers have returned $10.49 million in FRAX, and the $32 million converted to ETH has generated a profit of $3 million
2025/07/11 16:56
PANews reported on July 11 that according to Lookonchain monitoring, the GMX protocol was previously hacked, and the hacker has chosen to return the stolen $42 million in assets and accept a $5 million white hat vulnerability bounty. Currently, $10.49 million in FRAX has been returned. At the same time, the hacker exchanged another $32 million in assets for 11,700 ETH, currently worth about $35 million, with a profit of about $3 million.
It is unclear whether the hacker will return all 11,700 ETH (worth $35 million) or sell the ETH to return $32 million and keep the $3 million profit.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Metaplanet spent $93.6 million to buy another 797 Bitcoins, bringing its total holdings to 16,352 BTC
PANews reported on July 14 that Metaplanet Inc. announced that it had purchased 797 new bitcoins at an average price of 17,312,239 yen, with a total expenditure of approximately 13.798
Share
PANews2025/07/14 11:03
![[LIVE] Crypto News Today: Latest Updates for July 4, 2025 – Dormant Whale Moves 10,000 BTC After 14 Years, Turning $7.8K into $1.09B](https://cimg.co/wp-content/uploads/2025/07/04024503/1751597102-daily-news4.jpg)
[LIVE] Crypto News Today: Latest Updates for July 4, 2025 – Dormant Whale Moves 10,000 BTC After 14 Years, Turning $7.8K into $1.09B
The crypto market is showing mixed signals today, with the total crypto market cap falling 2.9%. Bitcoin is up 0.5% over the past 24 hours, currently trading just above $109,000 after briefly crossing $110,300. Ethereum has held strong position, rising over 0.7% and trading above $2,570. But what else is happening in crypto news today? Follow our up-to-date live coverage below.
Share
CryptoNews2025/07/04 10:55
DOJ credits Tether for aiding funds recovery from Trump-linked crypto scam
The U.S. Department of Justice has credited stablecoin issuer Tether for helping recover $40,300 in stolen crypto tied to a scam that impersonated the Trump-Vance Inaugural Committee. According to the July 2 release, the scam occurred in December 2024, when…
Share
Crypto.news2025/07/03 19:47