AFX Trade Exploited for $24 Million in Bridge Attack on Arbitrum

AI Summary AFX Trade, a protocol on Arbitrum (ARB), lost roughly 24.15 million USDC (USDC) on July 22 after an attacker exploited a bridge it operates. Security firm Blockaid flagged the attack at 21:30 UTC. It marks the 14th crypto security incident recorded in July, a month that has already surpassed June’s hack losses. Attacker Drains 24 The post AFX Trade Exploited for $24 Million in Bridge Attack on Arbitrum appeared first on BeInCrypto . fulltext: 442 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/afx-arbitrum-bridge-exploit-24m/ Source: BeInCrypto