Odaily Planet Daily News IM Spell announced on the X platform that its gmCauldrons was exploited. The core team and security engineers are investigating in depth. The problem was discovered after the attacker executed multiple transactions, and all furnace lending functions have been closed. The losses are currently being assessed. User collateral is not affected, only gmCauldrons are damaged. gmCauldrons was fully audited by @GuardianAudits, has the same source as the GMX core contract, and integrates the Abracadabra security system. MIM Spell expressed its willingness to communicate with the hacker and provide 20% of the stolen funds as a bounty. Earlier news, PeckShield reported that GMX and MIM Spell-related contracts lost about 6,260 ETH, worth $13 million.