FlashFeed

Hackers drain $24 million from Arbitrum-based AFX Trade via bridge exploit

AFX Trade, a DeFi platform on the Arbitrum network, was drained of 24.15 million USDC after an attacker compromised the platform's bridge keys and gathered enough hot-validator signatures to approve the withdrawal. Blockchain security firms confirmed the exploit. Arbitrum clarified that its own native bridge was not affected by the attack.