Arbitrum protocol AFX Trade hit by $24 million bridge exploit: Blockaid

Share

The AFX Trade protocol, built on Arbitrum, suffered a bridge exploit resulting in a theft of $24 million. According to Blockaid, the stolen funds were moved from the Arbitrum network to Ethereum. PeckShield reported that the attacker swapped the assets for 12,467 ETH. This attack highlights the ongoing vulnerability of cross-chain bridges to financial exploits.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles