Inside the GMX Exploit: How a Reentrancy Bug Led to a $42M LossGMX is one of the leading decentralized perpetual exchanges in DeFi, enabling users to trade leveraged positions directly on-chain across Arbitrum and Avalanche. In July 2025, GMX suffered a critical exploit that drained approximately $42 million fro...Aug 22, 2025 · 9 min readgifteddray.hashnode.dev
Proof Of Stake as a Consensus MechanismProof of Stake (PoS) is a consensus mechanism used in blockchains to maintain agreement on the state of the distributed ledger through validators, randomly selected to create new blocks and confirm transactions based on the amount of cryptocurrency t...Jul 30, 2025 · 7 min readgifteddray.hashnode.dev
A Brief Essay on the Future of IoT with Web5Introduction The evolution of the internet has witnessed transformative shifts in how information is exchanged, accessed, and controlled over the last decade. Building upon the centralized success of Web 2.0, Web 5 ushers in a shift that is centered ...Nov 28, 2023 · 5 min readgifteddray.hashnode.dev
