AFX Trade Bridge Exploit Drains $24.15M USDC on Arbitrum
AFX Trade has paused its Arbitrum-operated USDC custody bridge after approximately $24.15 million in USDC was drained on July 22, 2026, according to a Blockaid alert. The incident was detected at 21:30 UTC, targeting AFX’s bridge infrastructure rather than Arbitrum’s native bridge. The exact root cause remains under investigation by the project, while security firms…
