AFX Trade Suffers Coordinated Attack, Loses $24M USDC from Arbitrum Bridge

USDC0.02%
ARB-2.44%
According to Foresight News, AFX Trade experienced a coordinated social engineering and infrastructure attack, with hackers draining approximately 24 million USDC from its Arbitrum bridge, as monitored by PeckShield. The attackers gained initial access through the development environment and subsequently escalated privileges to internal build infrastructure and validator systems. AFX Trade stated it is prioritizing user protection and working to verify affected balances and execute a structured remediation plan.
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