- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
GMX: Proposal to Disable Leverage and Limit Token Minting for GMX V1 Fork Project to Mitigate Risk
BlockBeats News, July 9th, GMX issued an emergency notice, stating that all GMX V1 forked projects have been attacked. To mitigate the risk, you can take the following actions:
· Disable the leverage feature: You can call Vault.setIsLeverageEnabled(false) to turn it off; if you are using Vault Timelock, then call Timelock.setShouldToggleIsLeverageEnabled(false).
· Set maxUsdgAmounts of all tokens to "1": Use Vault.setTokenConfig or Timelock.setTokenConfig to prevent further minting of GLP.
Please note that this value must be set to "1," not "0," as setting it to 0 indicates no limit, which would instead result in the continued exploitability of the vulnerability.
You may also like
a16z Secures $15 Billion: Redefining Venture Capital Through Visionary Storytelling
Key Takeaways a16z Raises Capital: The firm has raised an astronomical $15 billion, marking a significant point in…
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
After Stepping Down as Mayor of New York City, He Pivoted to Selling Cryptocurrency
Crypto Rich Threaten to Depart California Amid New Tax Proposal
Key Takeaways Proposed California tax imposes a 5% assets tax on residents with over $1 billion, sparking debate…
Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…
Crypto Crucial: Will Tax Threats Push California’s Wealthiest to Flee?
Crypto billionaires in California are contemplating relocation due to a proposed wealth tax targeting assets over $1 billion.…
Crypto Project Failures Hit Record in 2025 Amid Memecoin Turbulence
Key Takeaways Memecoin launchpads have saturated the crypto market in 2025, leading to an unprecedented number of token…
Telegram 2025 Financial Report Puzzle: Revenue Soars by 65%, Yet Plagued by $200 Million Loss Due to TON?
Crypto and AI: the hidden digital gray market of Xianyu
Crypto and AI: You Can Buy Anything on Xianyu.
Predicting Contrarian Buy Pressure in the Market: Who is Taking the Other Side of Your Trade?
Coin Ownership or Equity Ownership? The Real Question Is Being Asked Wrong
The US has had a president impeached twice, and Trump's platform says it's not an "insurrection."
A “sexy casino,” where real-estate speculation has moved online.
Using Polymarket to predict U.S. home prices feels eerily reminiscent of the 2008 subprime mortgage crisis.
Stop obsessing over Alpha, the Beta the market gives you is more important
After the Profit Taking Frenzy, Crypto Market Makers Dive into the "Deep End"
Tether, which has "enriched" itself through stablecoins, is now heavily investing in AI
If you are long on oil, Maduro's arrest is not good news
India, the Outsourcing Hub of the Crypto World
a16z Secures $15 Billion: Redefining Venture Capital Through Visionary Storytelling
Key Takeaways a16z Raises Capital: The firm has raised an astronomical $15 billion, marking a significant point in…
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
After Stepping Down as Mayor of New York City, He Pivoted to Selling Cryptocurrency
Crypto Rich Threaten to Depart California Amid New Tax Proposal
Key Takeaways Proposed California tax imposes a 5% assets tax on residents with over $1 billion, sparking debate…
Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…
Crypto Crucial: Will Tax Threats Push California’s Wealthiest to Flee?
Crypto billionaires in California are contemplating relocation due to a proposed wealth tax targeting assets over $1 billion.…
App