GMX: GMX V1 trading on Arbitrum and Avalanche as well as GLP minting and redeeming have been temporarily paused, V2 and GMX token are unaffected
On July 9th, GMX announced that the GLP pool of GMX V1 on Arbitrum had been attacked, with approximately $40 million worth of tokens being transferred to an unknown wallet. The immediate priority is to trace the root cause of this event and make progress in asset recovery.
The GMX team has temporarily suspended the transaction functionality of GMX V1 on both Arbitrum and Avalanche, as well as the minting and redemption of GLP, in order to prevent further attacks and protect users from additional losses.
It should be noted that this attack does not affect GMX V2, its markets, or liquidity pools, nor does it have an impact on the GMX token itself. Based on the information currently available, the exploit is limited to GMX V1 and its GLP pool.
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Twitter CEO Linda Yaccarino has announced her resignation.
On July 9th, Linda Yaccarino, the Chief Executive Officer of "X" at Twitter, which is a social media platform owned by Musk, announced her resignation. (Golden Ten)
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Bitget will simultaneously launch the PUMP public sale, with a personal subscription limit of $1 million.
On July 9th, Bitget will concurrently commence the public sale of pump.fun (PUMP). The total subscription quota is 1.5 trillion. The individual subscription limit is $1 million. The unit price is $0.004. The accepted subscription currencies are USDT and USDC. The subscription period is from 22:00 on July 12th to 22:00 on July 15th (UTC+8), on a first-come, first-served basis.
Earlier, pump.fun officially released the PUMP tokenomics. The maximum supply of tokens is 1 trillion. Among them: 33% will be sold through the Initial Coin Offering (ICO); 24% is reserved for community and ecosystem plans; 20% is allocated to the project team; 2.4% is for ecosystem funds; 2% is allocated to the foundation; 13% is allocated to existing investors; 3% is for live broadcast incentives; and 2.6% is for liquidity and trading platforms.
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pump.fun Announces Public Sale Details: Tokens will be transferable 48 to 72 hours after the end of the public sale. Users from the United States and the United Kingdom are not allowed to participate in the public sale.
On July 9th, pump.fun announced that the public sale of the PUMP token will continue until one of the following two events happens: either all 150 billion tokens are sold out, or until Tuesday, July 15th at 22:00 (UTC 14:00).
Shortly after the end of the public sale, participants will obtain the purchased tokens. Initially, these tokens will be non-transferable, that is, they cannot be traded. Within 48 to 72 hours after the end of the token sale, the tokens will become transferable.
Americans and residents of the United States and the United Kingdom are not permitted to participate in PUMP's initial token offering (ICO), and this token sale will not take place in the United States, the United Kingdom, or any prohibited jurisdictions.
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Gate supports the public sale of Pump.Fun (PUMP) and has opened the user subscription channel.
On July 9th, as per an official announcement, Gate, a prominent global cryptocurrency exchange, declared its backing for the popular project Pump.Fun (token symbol: PUMP) within the Solana ecosystem to launch a public sale event. It is anticipated to sell 15% of the total token supply, with a targeted fundraising scale of $6 billion and a project valuation of $40 billion.
This PUMP sale adopts a public and fair launch model. Users are able to subscribe to the token on the Gate platform at a price of 0.004 USDT per token. The subscription period is from July 12, 2025, at 22:00 to July 15 at 22:00 (UTC+8), on a first-come, first-served basis. Users can participate by using USDT, with a single subscription range of 5 to 100,000 USDT.
Gate highlights that this subscription event was independently initiated by the Pump.Fun team, and Gate Labs did not participate in the project investment. The platform merely provides technical and operational support. Users are reminded to comprehensively
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Binance will delay the listing of Lagrange (LA)
July 9th. According to official channels, Binance has made a decision to postpone the originally scheduled spot trading of Lagrange (LA) on July 9, 2025, at 23:00 (GMT+8) to July 10, 2025, at 00:00 (GMT+8).
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