INCIDENT EVIDENCE GRAPH

AFX Bridge hacked — $24.15M lost

The AFX-operated cross-chain/USDC custody bridge on Arbitrum was exploited. The attacker used compromised validator hot keys to meet the quorum and drain approximately $24.15 million USDC. The funds were bridged to Ethereum and swapped for ETH. Arbitrum’s native bridge was unaffected, and AFX’s core trading infrastructure remained secure. The team suspended bridge operations and is investigating with security partners.

Primary evidence

  1. AFX Bridge hacked — $24.15M lost

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