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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward - 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Hacker returns the money after exploiting 40 million USD from GMX
The attacker behind the $40 million exploit from the decentralized derivatives trading exchange GMX has begun to return funds after apparently accepting a $5 million bug bounty from the project.
The attack targeted the GLP V1 pool of GMX on Arbitrum, taking away more than 40 million USD in various cryptocurrencies such as USDC, FRAX, WBTC, and WETH. GMX immediately suspended trading and minting of V1 on both Arbitrum and Avalanche. GMX V2 and the GMX token were not affected.
After the onchain message committing to a 10% reward and no legal action if the attacker returns within 48 hours, the hacker responded: "ok, funds will be returned later". Shortly after, the hacker's address returned a total of 10.5 million FRAX to GMX, according to PeckShield.
The GMX token fell to a low of $10.45 (-28%) after the incident but has recovered 14% to $13.25 following news that the hacker has begun to return the funds.
The technical report confirms the attack exploiting the re-entrancy vulnerability in the OrderBook contract to manipulate the short BTC price and profit from GLP. GMX stated that it will stop minting/redemption of GLP V1 on Arbitrum, refund affected users, and open a DAO discussion on the next steps.