GMX price dives 20% after $40 million hack

GMX price fell 20% after the decentralised perpetuals exchange suffered a $40 million exploit on its V1 platform. Investor panic and concerns over repeated security incidents put bulls under pressure near $11. 45. GMX’s response to stabilise confidence and mitigate further losses will be key source: https://coinjournal.net/news/gmx-price-dives-20-after-40-million-hack/