Blockaid Detects ~$24M USDC Exploit on Arbitrum Bridge AFX
Blockaid detected a $24.15 million USDC exploit on AFX, a third-party bridge on Arbitrum. Offchain Labs co-founder Steven Goldfeder stated the native Arbitrum bridge was not compromised.
USDC
Security firm Blockaid flagged an exploit of approximately 24.15 million USDC on AFX, a third-party bridge protocol built on Arbitrum. The incident was detected and reported by Blockaid's monitoring systems.
Offchain Labs co-founder Steven Goldfeder confirmed that the native Arbitrum bridge itself was not hacked or exploited. The team is currently investigating the incident. No further details on the exploit method or affected addresses have been disclosed at this time.
Source: Cointelegraph