Attackers earlier this week exploited a re-entrancy flaw in the OrderBook contract, allowing the attacker to manipulate short ...

Here’s how GMX was hacked, and the price of its native cryptocurrency rallied 10% after the hacker returned the stolen funds.

The GMX hacker started returning ETH and other tokens. The hacker swapped $32M in tokens into ETH, making over $3M in net ...

Decentralized perpetuals exchange GMX has been hit by a major exploit, with attackers making off with more than $42 million ...

On September 21, 2023, Frax Outsourcing, a subsidiary of TheKey, LLC (“Frax”), filed a notice of data breach with the Attorney General of California after determining that it was the recent ...

The Frax community has voted to pass FIP-418 to use BlackRock's United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.

Frax Finance is considering a proposal by Securitize Markets to integrate BlackRock's BUIDL token as collateral for its upcoming Frax USD stablecoin. The BUIDL token, backed by over $530 million ...

Frax Protocol ensures the stability of the FRAX stablecoin by using a fractional-algorithmic mechanism. It adjusts the collateral ratio based on market conditions, using a combination of ...

Frax’s singularity roadmap sets a target of $100 billion in TVL for its layer 2 Fraxtal and plans to launch 23 new layer 3s. The proposal calls for reviving the few switch mechanisms to boost ...

The community of Frax Finance, a decentralized finance protocol with some $2 billion in total value locked, voted to fully collateralize the protocol’s native stablecoin frax (FRX), according to ...