Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised
Bearish+42.99%
23 Jul, 05:01
Source: CoinDesk
AI Summary
AFX Trade, an Arbitrum-based protocol, was exploited for $24.15 million USDC after bridge keys were compromised, though Arbitrum's native bridge remains unaffected.
Security firms said the attacker used enough hot-validator signatures to approve a 24.15 million USDC withdrawal, while Arbitrum said its native bridge was not affected.