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AFX Exploited for $24 Million as Hacker Converts Stolen USDC to ETH

Coinpedia·July 23, 2026·1 min read
AFX Exploited for $24 Million as Hacker Converts Stolen USDC to ETH

AFX on Arbitrum was exploited for $24 million in USDC, according to PeckShieldAlert. The attacker bridged funds to Ethereum and swapped them for 12,467.5 ETH, now held in a single wallet. The incident is under investigation, and market participants await further details on the exploit.

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