AFX Protocol reportedly loses $24M in bridge exploit
Blockchain security firms reported a $24.15 million exploit targeting an AFX Protocol bridge, with investigations ongoing.
Quick take
Read original at Cointelegraph AFX Protocol, a decentralized exchange on Arbitrum, lost $24.15 million in a bridge exploit. Offchain Labs co-founder Stephen Goldfeder confirmed the hack, stating it affected a third-party protocol, not Arbitrum's native bridge. The exploiter bridged 24.15 million USDC to Ethereum, buying 12,467 ETH.
Summarised by netranta from Cointelegraph. Open the original for the full story.
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