GMX V1 Exploit Analysis: How a $42M Classic Reentrancy Attack Unfolded

DEV CommunitySunday, November 2, 2025 at 2:10:38 AM
GMX V1 Exploit Analysis: How a $42M Classic Reentrancy Attack Unfolded
The recent analysis of the GMX V1 exploit reveals a staggering $42 million loss due to a classic reentrancy attack. This incident highlights the vulnerabilities present in blockchain technology and the importance of robust security measures in the cryptocurrency space. As more users engage with decentralized finance, understanding these risks becomes crucial for protecting investments and ensuring the integrity of digital assets.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Solving Blockchain Coding Challenges Efficiently in 2025?
PositiveArtificial Intelligence
As blockchain technology continues to transform industries, developers are increasingly challenged by the complexities of coding solutions. By 2025, finding efficient ways to tackle these challenges will be essential. This article discusses effective strategies, tools, and best practices that can help developers navigate the evolving blockchain landscape, making it a timely read for anyone involved in this field.
JOURNEY INTO BLOCKCHAIN DEVELOPMENT THE EASY WAY
PositiveArtificial Intelligence
This blog post offers a simplified approach to entering the blockchain development field, addressing the common challenges and complexities that many aspiring developers face. By sharing personal experiences and insights, the author aims to inspire and guide newcomers, making the journey into blockchain less daunting and more accessible. This is significant as it can help demystify the technology and encourage more people to explore opportunities in this rapidly growing industry.
This AirPods hack is a game-changer for frequent flyers - how to find it in your iPhone settings
PositiveArtificial Intelligence
A new AirPods hack is making waves among frequent flyers, allowing users to easily find it in their iPhone settings. This feature is a game-changer, ensuring that you won't miss out on your favorite shows while traveling. With this simple adjustment, you can enjoy uninterrupted entertainment during your flights, making your travel experience much more enjoyable.
The Surprising Reason ETHWomen’s U.S. Playbook Is Reshaping Web3 (and Why Old Inclusion Models Are Failing)
PositiveArtificial Intelligence
ETHWomen is set to launch its U.S. playbook in October 2025, challenging traditional models of inclusion in the Web3 space. Instead of relying on costly ads and top-down strategies, they emphasize community activation as a more effective approach to scaling diversity in crypto. This shift not only highlights the importance of grassroots engagement but also suggests that the future of Web3 could be more inclusive and accessible, paving the way for broader participation in the blockchain ecosystem.
The Hidden Network Effect Powering ETHWomen’s US Web3 Expansion (And Why Old Diversity Models Fall Short)
PositiveArtificial Intelligence
ETHWomen is making waves in the US Web3 space by addressing the stark gender imbalance in blockchain development, where women represent less than 10% of over 2 million developers. Unlike traditional diversity programs that yield minimal results, ETHWomen is implementing innovative strategies that genuinely promote inclusion. This initiative not only empowers women in tech but also sets a new standard for diversity efforts, highlighting the importance of systemic change in fostering a more equitable industry.
A Beginner's Guide to Stablecoins and Why They Matter
PositiveArtificial Intelligence
Stablecoins are gaining traction as a reliable form of cryptocurrency, providing a bridge between traditional finance and the digital currency world. This guide explains what stablecoins are, how they work, and why they are important for investors looking for stability in the volatile crypto market. Understanding stablecoins can empower individuals to make informed financial decisions and navigate the evolving landscape of digital assets.
ME Network’s Modular Architecture: Building the “LEGO-Style” Composable Innovation in Blockchain
PositiveArtificial Intelligence
ME Network is revolutionizing the blockchain landscape with its modular architecture, which separates key functions into independent layers. This innovative approach addresses the long-standing blockchain trilemma of balancing decentralization, security, and scalability. By allowing developers to focus on specific responsibilities, ME Network enhances performance and opens up new possibilities for innovation in the blockchain space.
AI Meets Decentralization: How Distributed Compute Can Power Healthcare, Gaming, and Smart Cities
PositiveArtificial Intelligence
The convergence of AI and decentralized systems is set to revolutionize various industries, including healthcare, gaming, and smart cities. This synergy not only enhances data sharing and computational efficiency but also empowers users by redefining value across global networks. As these technologies continue to evolve, they promise to create smarter, more efficient solutions that can significantly improve our daily lives.
Latest from Artificial Intelligence
Auditing All Shared Files in Google Drive with Apps Script
PositiveArtificial Intelligence
A developer has successfully created a custom Apps Script to audit shared files on Google Drive, addressing a common need for users to know who has access to their files. Initially aiming to publish it as an add-on, the developer faced challenges due to the script's restricted scope, which would require a lengthy review process. Instead, they opted to share the script for free along with a Google Sheets template, making it accessible to anyone looking to manage their file sharing more effectively. This initiative not only empowers users but also enhances data security and management.
The Shift Toward Reactive Programming in Modern Web Development
PositiveArtificial Intelligence
The rise of reactive programming is reshaping web development, offering developers a new way to build applications that are more responsive and efficient. This shift is significant as it allows for better handling of asynchronous data streams, making applications more dynamic and user-friendly. As the tech landscape evolves, understanding and adopting reactive programming could be crucial for developers looking to stay competitive and create next-generation applications.
GMX V1 Exploit Analysis: How a $42M Classic Reentrancy Attack Unfolded
NegativeArtificial Intelligence
The recent analysis of the GMX V1 exploit reveals a staggering $42 million loss due to a classic reentrancy attack. This incident highlights the vulnerabilities present in blockchain technology and the importance of robust security measures in the cryptocurrency space. As more users engage with decentralized finance, understanding these risks becomes crucial for protecting investments and ensuring the integrity of digital assets.
Big Tech's dominance on the S&P 500 is becoming more extreme; the eight biggest tech stocks account for 60% of the gains since the market bottomed in April 2025 (George Steer/Financial Times)
NeutralArtificial Intelligence
The dominance of Big Tech in the S&P 500 is reaching unprecedented levels, with the eight largest tech stocks now accounting for 60% of the gains since the market's low in April 2025. This trend highlights the increasing influence of technology companies on the overall market performance, raising questions about market diversity and the potential risks of such concentration. Investors and analysts are closely monitoring this situation, as it could have significant implications for future market stability and growth.
How to Create and Publish a Flutter Package on pub.dev
PositiveArtificial Intelligence
Creating and publishing a Flutter package on pub.dev is an exciting opportunity for developers to share their innovative features with the community. This guide provides a step-by-step approach, making it easy for anyone to contribute to the Flutter ecosystem. By sharing your work, you not only help others but also enhance your own skills and visibility in the developer community.
¿Qué Son los Genéricos?
NeutralArtificial Intelligence
Generics in programming allow developers to create components like functions and data structures that can operate on different data types while maintaining the same logic. For instance, a function that reverses the order of elements can work on an array of numbers, texts, or objects. This flexibility is crucial as it enhances code reusability and efficiency, making it easier to manage and scale applications.