Hacked Perp DEX GMX to Repay $44M to Arbitrum GLP Holders After Exploit
Decentralized perpetuals exchange GMX said Wednesday that users hit by last month’s security breach can now claim compensation through its dApp. Key Takeaways: GMX is distributing $44M to fully compensate Arbitrum GLP holders impacted by last month’s $42M exploit. The breach stemmed from a reentrancy vulnerability in GMX V1’s contract structure. Compensation will be in…