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AFX Cross-Chain Bridge Exploited, $24.15M USDC Drained Overnight on Arbitrum

Security Incidents

2026-07-23 00:13:48

USDC-0.01%

ARB0.64%

According to Blockaid, the cross-chain bridge operated by Arbitrum ecosystem protocol AFX was compromised overnight at 5:30 Beijing time on July 23, with approximately $24.15 million USDC drained. Blockaid said it is coordinating with the Arbitrum team to respond to the incident and assist in freezing stolen funds. Offchain Labs co-founder Steven Goldfeder clarified on X that the compromised bridge was operated by a third-party protocol and that Arbitrum's native bridge remained unaffected.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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