GMX: GLPs funds on Arbitrum have been fully recovered, GMX V2 is not affected

By: odaily.com|2025/07/16 12:41:43
Share
copy

Odaily News GMX published a post on the X platform announcing the follow-up progress of the GMX V1 vulnerability attack on Arbitrum of approximately $42 million, stating that after successful negotiations, GLPs funds on Arbitrum have been fully recovered, the funds have been returned, and are currently being kept by the DAO, waiting to be distributed to liquidity providers in the Arbitrum GLP vault. GMX V2 is not affected by this vulnerability, and trading and liquidity provision on GMX V2 continue to proceed normally.

You may also like

Paradigm's Tempo Project Launches Testnet, Is It Worth Checking Out?

The current testnet already supports basic EVM functionality and has launched features such as payment channels, stablecoin gas mechanism, and decentralized exchange components.

When Everyone Uses AI Trading, Where Does Cryptocurrency Alpha Go in 2026?

In 2025, AI trading has become the default, but Alpha hasn’t disappeared — it’s been eroded by crowding, as similar data, models, and strategies cause traders to act in sync and lose their edge.
Real Alpha has shifted to harder-to-copy layers like behavioral and on-chain data, execution quality, risk management, and human judgment in extreme markets, where acting differently — or not acting at all—matters more than better predictions.

Without Narrative Power, Web3 Will Not Tap into the Vastness

In the Web3 space, the importance of storytelling far surpasses any other industry.

Insight: 2026 Could Usher in a “Crypto Winter,” but Institutionalization and On-chain Transformation Are Accelerating

Key Takeaways Cantor Fitzgerald predicts Bitcoin could face an extended downtrend, signaling a potential “Crypto Winter” by 2026.…

Caixin: Digital RMB Wallet Balances to Begin Earning Interest in 2026

Key Takeaways: Starting January 1, 2026, digital RMB wallets will earn interest on balances. The operational structure will…

Key Market Information Discrepancy on December 30th – A Must-See!

Key Takeaways Meta’s massive acquisition of Manus is poised to reshape the tech landscape, indicating significant growth in…

Popular coins

Latest Crypto News

Read more