FlashFeed

Hackers drain $24M from AFX Trade on Arbitrum; platform offers 30% bounty for return

Decentralised perpetuals exchange AFX Trade was drained of $24 million after an exploit targeting its custody bridge on the Arbitrum network. The stolen funds were quickly moved to Ethereum. AFX has offered the attacker a 30% bounty — roughly $7.2 million — if the remaining funds are returned.