
0xTodd|Jul 09, 2025 15:29
According to Suhail's analysis, he believes that GMX was hacked again this time, and a 42M GLP was directly cast at zero cost
Reentry attacks are familiar to everyone, similar to a hacker having some balance and withdrawing funds from a contract. However, after the victim contract is exploited by the hacker, the hacker's balance is not refreshed, so a large amount of funds are repeatedly withdrawn by the hacker.
Now, hackers have cashed out into other cryptocurrencies, especially ETH and DAI, which are unregulated and attempting to escape the freezing of centralized institutions such as Circle.
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