Bearish
Arbitrum's AFX Trade Bridge Exploit Leads to $24.15 Million Loss
In the past 24 hours, Arbitrum's AFX Trade bridge suffered a significant security breach, resulting in the theft of approximately $24.15 million in USDC. The exploit targeted the bridge's validator signing keys, leading to the unauthorized transfer of funds. Offchain Labs confirmed that Arbitrum's native bridge remained unaffected, and the incident was isolated to the AFX-operated bridge.
Key points
- AFX Trade Bridge Exploit Results in $24.15 Million Loss
- Offchain Labs Confirms Arbitrum's Native Bridge Unaffected
- Incident Isolated to AFX-Operated Bridge, Not Arbitrum Network
Sources
- Arbitrum AFX Bridge Hacked: $24.15 Million USDC Stolen in Cross-Chain AttackKuCoin · July 24, 2026
- AFX Trade Bridge Exploit Drains $24.15M USDC on ArbitrumNFT Plazas · July 24, 2026
- Arbitrum AFX Bridge Hacked: $24.15 Million USDC Stolen in Cross-Chain AttackKuCoin · July 24, 2026
- AFX Trade Bridge Exploit Drains $24.15M USDC on ArbitrumNFT Plazas · July 24, 2026
AI-generated from public news sources. Not financial advice.
