GMX 🫐 (@GMX_IO): Following a thorough investigation into the Abracadabra exploit together with GMX's security partners, we can affirm that GMX's smart contracts remain…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- GMX+30Positive
Following a thorough investigation into the Abracadabra exploit together with GMX's security partners, we can affirm that GMX's smart contracts remain safe and unaffected. Users can continue to feel secure trading, earning, and providing liquidity on GMX. Quote [@GMX_IO](https://www.twitter.com/GMX_IO/status/1904509326129238479) > Important security notice: > > There appears to have been an exploit related to Abracadabra/Spell's cauldrons that utilise GM tokens, as noted by PeckShield and other security specialists monitoring the blockchain. > > To clarify, no issues have been identified with GMX contracts, and they are not affected by this unfortunate situation. > > We believe the issue relates solely to the Abracadabra/Spell cauldrons. These cauldrons allow for borrowing against specific GM liquidity tokens. > > The contributors from Spell, GMX, and security researchers are currently investigating the cause of the issue.