Security
Attacker Drains $24M in USDC From AFX Bridge on Arbitrum
The Defiant·July 23, 2026·1 min read
An attacker drained $24 million in USDC from the AFX bridge on Arbitrum, exploiting the derivatives exchange's bridge contract. Security firm Blockaid reported nearly all locked USDC was emptied. Arbitrum co-founder Steven Goldfeder confirmed the network's native bridge was not affected by the exploit.
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