BRIDGE-EXPLOIT news

Curated crypto headlines with the on-chain context most tools skip. Written by the team behind Koinlytics.

AFX Trade Called Its Bridge A Multi-Sig. Five Hot Keys Signed $24.15M Of USDC Out In One Transaction

AFX Trade lost $24.15M USDC after five hot validator keys cleared the bridge's 2/3 quorum and authorized a single transfer. Funds were bridged to Ethereum and swapped for roughly 12,467 ETH. Arbitrum's native bridge was untouched.

ETHUSDCARBafx-tradearbitrumJul 23, 2026

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