Circle faces criticism for tardy actions as $4.3 million in USDC remains exposed after GMX exploit.

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	Forwarded this email? Subscribe here for more GMX suffers $42M hack, issues 10% bounty offer to hacker Circle faces criticism for tardy actions as $4.3 million in USDC remains exposed after GMX exploit. CryptoSlate Jul 9   READ IN APP   Happy Wednesday! GMX suffered a major $42 million hack targeting its GLP liquidity pool, prompting the team to offer the attacker a 10% white-hat bounty for returning the funds. Meanwhile, Circle faces criticism as $4.3 million in USDC remains exposed following the exploit. On a brighter note, SharpLink's stock continues to surge as its Ethereum treasury tops 200,000 ETH, reflecting an aggressive growth strategy. Stablecoin issuers also made headlines, collectively holding $182 billion in U.S. Treasuries—surpassing countries like the UAE and South Korea. Here's what's shaking up crypto today. 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now Ad: Make the most of your crypto Start earning up to 14% interest, paid daily. Keep full access to your assets while they grow in your Savings Wallet. Start earning The global crypto market cap is $3.39 trillion, with a 24-hour volume of $107.57 billion. The price of Bitcoin is $109,054.22, and BTC market dominance is 64.0%. The price of Ethereum is $2,653.48, and ETH market dominance is 9.5%. The best-performing sector is Transportation, which gained 9%. The Crypto Fear & Greed Index is currently Greed (66). GMX suffers $42M hack, issues 10% bounty offer to hacker Circle faces criticism for tardy actions as $4.3 million in USDC remains exposed after GMX exploit. 📰 Top News SharpLink stock continues surging as treasury tops 200k Ethereum SharpLink surges on 200,000 ETH milestone as firm embraces aggressive treasury strategy. Stablecoin issuers’ $182 billion US Treasury hoard ranks 17th among countries, beating UAE and South Korea Taken together, those issuers reach $182.4 billion, enough to leapfrog South Korea and the United Arab Emirates, and fall just shy of Norway. XRP Ledger’s EVM sidechain sees 1,400 smart contracts in first week XRPL's EVM sidechain shows promise with efficient design and low transaction fees, yet struggles to grow its user base beyond initial interest. 📈 Latest Insights BlackRock’s IBIT Bitcoin ETF could surpass Satoshi Nakamoto’s holdings by May 2026 Bitcoin ETFs now drive over 30% of spot BTC volume as overall trading slumps 🗞️ More News Joe Lubin forecasts Ethereum treasury strategies will reshape Wall Street perception Volkswagen ADMT chooses Solana-based Hivemapper to power Robotaxi test fleet Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure Survey finds gaps in mainstream Bitcoin coverage, leaving institutional investors exposed New Zealand to ban crypto ATMs in AML crackdown Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack