A crypto trader on GMX exchange leveraged the zero slippage feature to extract over $565,000 in profit by manipulating the price of the AVAX token. GMX is a decentralized exchange that allows users to...
Tag: 565K
GMX Exchange Loses $565K In AVAX Exploit
Decentralized exchange GMX suffered a price manipulation on the AVAX/USD pair, resulting in losses of $565,000. AVAX/USD Pair Exploited As per a tweet on Sunday by security firm PeckShield, the exch...
Decentralized exchange GMX suffers $565K price manipulation ‘exploit’
Decentralized exchange (DEX) GMX has reportedly suffered a price manipulation exploit from an exploiter who managed to make off with around $565,000 from the AVAX/USD market. The unidentified exploite...