GMX clarification: The GMX contract is not affected, but the Abracadabra/Spell related GM token Cauldrons have been exploited

Odaily Planet Daily News: According to PeckShield and multiple blockchain security experts, the Abracadabra/Spell platform's use of GM token's cauldrons is suspected to have been exploited, leading to security issues. GMX officially clarified that no issues were found with the GMX contract and it is not affected by this incident. This issue only concerns the furnace function of Abracadabra/Spell, which allows users to borrow with specific GM liquidity tokens. Currently, Spell, GMX team, and security researchers are jointly investigating the cause of the incident.